Warning! Javascript is disabled. Please enable javascript for a completly functioning application.

2014
Cyprus Popular Bank v. Greece Cyprus Popular Bank Public Co. Ltd. v. Hellenic Republic (ICSID Case No. ARB/14/16)
Nationality of the parties
Greece
Cyprus
Summary of matters at issue
Data not available
Claims arising out of the alleged lack of equal treatment to the claimant in relation to other banking institutions operating in Greece, including denial of access to the mechanisms available for liquidity and capital support, such as the refusal of Greece’s Central Bank to grant emergency liquidity assistance to Laiki’s Greek branch, Marfin Egnatia Bank.
Economic sector and subsector
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Fernández-Armesto, J.
Sands, P.
Sacerdoti, G.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
1000.00 mln EUR (1360.00 mln USD)
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page