BANK OF CYPRUS LOAN FOR LIMASSOL MARINA

The Bank of Cyprus will organize a loan of 130 million Euros fo rthe construction of the Limassol marina.

The construction of the new Limassol marina,a projected to enhance and enrich the tourist product in Cyprus, has started offically and is expected to be ready in the autumn of 2012.

After signing the agreement, Mr Siarlis said that the Bank of Cyprus cmmitment for finanacing of this significant project falls under the bank's policy to finance large infrastructures projects on the island taht will improve tourist product and will boost growth and construction in a period of crisis