Kedipes’ Journey to Financial Stability Extended to 2030
Kedipes, the Cyprus Asset Management Company, has pushed back its goal for financial stability to 2030, aiming to repay €3.54 billion in state aid, largely due to economic challenges like inflation and geopolitical unrest. Since 2018, it has repaid 42% of the aid while focusing on careful asset liquidation strategies, demonstrating its commitment to navigating a complex financial landscape.