& nbsp & nbspInsider & nbsp; & nbsp;
The green light from the European Central Bank paved the way for the investment group 7Q to become the major shareholder in the Cyprus Development Bank .
Specifically, the investment group 7Q received approval from European Central Bank for its shareholding in the Cyprus Development Bank (CDB). The investment group is now the major shareholder of CDB, holding 19.99% of the total share capital of the bank.
Source: www.philenews.com