The Central Bank of Cyprus has on 9/4/2016, activated the procedure

for the payment of compensation amount from the Deposit Guarantee Fund for

Banks for deposits held in FBME Bank Ltd – Cyprus branch.

Depositors of FBME Bank Ltd – Cyprus Branch whose deposits are

covered by the DGS are invited to submit the required information by 11 April 2018.

The Deposit Guarantee and Resolution of Credit and Other Institutions

Scheme, which has been established by the Law in 2016 (‘the DGS’), and will pay

through the Deposit Guarantee Fund for Banks, compensation amounting up to

100.000 Euro, to all eligible depositors of FBME Bank – Cyprus Branch, which

are covered by the DGS.

The DGS covers all deposits at FBME Bank – Cyprus Branch, in Euro or

in other currencies, which belong to natural or legal persons with certain

exceptions, such as deposits by credit institutions and/or deposits by

investment firms e.t.c.

Except from the Application, depositors need to accompany the

following documents:

A    Legal Persons

1. Originally signed statement

of particulars by the authorized person of the legal person submitting the

statement of particulars (proxy) and the special administrator / authorized

representative of the special administrator.

2. Originally signed

certificate issued by the Registrar of Companies and Official Receiver whereby

it appears the registration number of the legal person and its registered mail

address.

3. Identity card and passport,

together with copies, of the person who is authorized by the legal person to

submit the statement of particulars with the supporting documents on behalf of

the legal person.

4. Originally signed

confirmation by a European Economic Area (EEA) credit institution to which

payment will be made. On the signed confirmation, the following should appear:

IBAN, BIC and the same name of the beneficiary as the one on the statement of

particulars.

5. Regarding companies which

are registered outside of the Republic of Cyprus, documentation in English

similar to the one mentioned above should be presented and this should be

certified by the claimant’s embassy or consulate in the Republic of Cyprus or

the special administrator.

B.Natural

Persons

1. Adults

- Demonstration of a valid identity card of the

Republic of Cyprus or of another country AND of a valid passport with a clear

photograph of the actual beneficiary, and a submission of a photocopy of each.

2. Minors

- Demonstration of a valid identity card (if the

minor possesses one) of the Republic of Cyprus or of another country AND/OR of

a valid passport with a clear photograph of the actual beneficiary, and a

submission of a photocopy of each.

- Provision of an original or certified copy of a

birth certificate (in English if Greek is not available) provided by the parent

/ guardian.

- Identity Card and passport for the

identification of the parent/guardian as well as a photocopy of his/her

identity card and passport

- Provision of an original or certified copy of a

court order regarding the management of the minor’s account.

All eligible depositors of FBME Bank Ltd – Cyprus Branch whose

deposits are covered by the DGS are invited to submit the required information

and documentation the latest by 11

April 2018, in order to ensure that the DGS will proceed and adequately

compensate them.

For more information regarding the

procedure and documents that need to be submitted, assistance and support to

eligible deposit holders, please contact our law firm and in particular Eve

Karaviotou at: [email protected]; or [email protected];