Cyprus Bank Gets Cash Infusion From Video-Game Company

Police officers at a branh of Cyprus Popular Bank Pcl, also known as Laiki Bank, as banks open for the first time in two weeks in Nicosia, Cyprus, on March 28, 2013. The Central Bank of Cyprus's capital controls included a 300-euro ($383) daily limit on withdrawals and restrictions on transfers to accounts outside the country. Photographer: Simon Dawson/Bloomberg

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By Ilya Khrennikov

November 7, 2013 at 11:06 AM UTC

This article is for subscribers only.

Cyprus was one of the places most devastated by the recent global economic crisis, and even after a bailout the small island nation can still feel the effects.

For a sense of how desperate things have become, consider that Hellenic Bank, the second-largest financial institution in Cyprus, now counts a developer of online strategy games among its biggest shareholders.