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Reopening of the electronic service «Participation in the Replenishment Scheme of National Solidarity Fund» for online submission of applications from 14/5/2024 until 25/5/2024

Following the relevant Announcements dated 20/12/2023 and 8/4/2024 for the «Participation in the Replenishment Scheme of the National Solidarity Fund», the Ministry of Finance informs the affected persons for the reopening of the electronic service for their submitting electronic applications from 14 May 2024 and time 10:30a.m. until 25 May 2024. (The electronic service is available to the following link: https://www.gov.cy/en/digital-services/business-activity/support-schemes-for-businesses/participation-in-the-national-solidarity-fund-scheme

It is noted that the opportunity for the submission of electronic Applications is available to natural and legal persons who had the characteristics of a "retail client", and whose deposits and securities were impaired in 2013, due to the implementation of resolution measures in the two systemic Banks (Bank of Cyprus and Popular Bank). 

It is reminded that the access to the electronic service for the submission of an electronic Application for the «Participation in the Replenishment Scheme of the National Solidarity Fund», is done through Cy Login Profile, as follows:

  • Natural Persons with a Cyprus identity card or residence permit in Cyprus (ARC) as well as Legal Entities with a registration number in Cyprus: Registration AND authentication on the Government Portal CY Login (former Ariadne) is required.
  • Natural Persons who do not have a Cyprus identity card and are not residents of Cyprus as well as Legal Entities that do not have a registration number in Cyprus: Registration on the Government Portal CY Login is required. Authentication of their profile will be made through the listing and uploading additional details and documents in several fields of the service. 

It is further emphasized that the «Participation in the Replenishment Scheme of the National Solidarity Fund» is only possible through the submission of an electronic application. 

Therefore, the affected persons are invited to submit their online applications no later than May 25, 2024, since after that date it will not be possible to submit such online applications.

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