Photographs: Ints Kalnins/Reuters
Cyprus is not the only country that has sought financial help to remain afloat.
Let's take a look at 11 countries that have been bailed out by banks, according to FT Alphaville and Society General, a European Bank.
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11 biggest economic bailouts in the world
Photographs: Supri/Reuters
Indonesia
Aid provided by banks: 57 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 1
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11 biggest economic bailouts in the world
Photographs: Yorgos Karahalis/Reuters
Cyprus
Aid provided by banks: 56 per cent of GDP
Year in which the bailout happened: 2013
Global rank in terms of financial help: 2
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11 biggest economic bailouts in the world
Photographs: Enrique Marcarian/Reuters
Argentina
Aid provided by banks: 55 per cent of GDP
Year in which the bailout happened: 1980
Global rank in terms of financial help: 3
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11 biggest economic bailouts in the world
Photographs: Stoyan Nenov/Reuters
Iceland
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 2008
Global rank in terms of financial help: 4
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11 biggest economic bailouts in the world
Photographs: Courtesy, Jazzypom/Wikipedia Commons
Jamaica
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 1996
Global rank in terms of financial help: 5
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11 biggest economic bailouts in the world
Photographs: Chaiwat Subprasom/Reuters
Thailand
Aid provided by banks: 44 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 6
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11 biggest economic bailouts in the world
Photographs: Victor Ruiz Caballero/Reuters
Chile
Aid provided by banks: 43 per cent of GDP
Year in which the bailout happened: 1981
Global rank in terms of financial help: 7
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11 biggest economic bailouts in the world
Photographs: Cathal McNaughton/Reuters
Ireland
Aid provided by banks: 41 per cent of GDP
Year in which the bailout happened: 2008
Global rank in terms of financial help: 8
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11 biggest economic bailouts in the world
Photographs: Ognen Teofilovski/Reuters
Macedonia
Aid provided by banks: 32 per cent of GDP
Year in which the bailout happened: 1993
Global rank in terms of financial help: 9
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11 biggest economic bailouts in the world
Photographs: Murad Sezer/Reuters
Turkey
Aid provided by banks: 32 per cent of GDP
Year in which the bailout happened: 2000
Global rank in terms of financial help: 10
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11 biggest economic bailouts in the world
Photographs: Lee Jae-Won/Reuters
South Korea
Aid provided by banks: 31 per cent of GDP
Year in which the bailout happened: 1997
Global rank in terms of financial help: 11
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