15/04/2014 (Agence Europe) - Cooperatives adequately capitalised. On Tuesday 15 April, Aliki Stylianou, the spokesperson for the Cypriot National Bank stated that the cooperative bank sector remains adequately capitalised with the Core Tier 1 ratio of 14%, which is significantly higher than the minimum regulatory requirement of 9%. She denied rumours carried by the Cyprus News report of a 10% hair-cut of these banks, similar to what happened last year at the Bank of Cyprus and Laiki Bank. On...