 Media caption President of Cyprus, Nicos Anastasiades: "A difficult fight but we leave behind uncertainty and look with optimism into the future" 
 
 All Cypriot banks will remain closed until Thursday, the central bank now says, and temporary measures will be placed on transactions when they reopen despite an EU/IMF bailout deal.  NICOSIA, March 26 (Reuters) - Andreas Artemis, the chairman of Cyprus’s biggest commerical bank, the Bank of Cyprus , has submitted his resignation, a source at the bank said on Tuesday. Reversing a previous decision to start reopening at least some banks on Tuesday, the central bank said late on Monday that they would all now stay shut until Thursday to ensure the "smooth functioning of the whole banking system". Bailout deal To qualify for 10bn-euro bailout, Cyprus must raise 5.8bn euros Its biggest bank - Bank of Cyprus - to be restructured Second biggest bank - Laiki - to be wound up and split into a "good" bank and "bad" bank Accounts holding under 100,000 euros will be protected in both banks Deposits over 100,000 in Bank of Cyprus are frozen for now Level still to be set at which funds on big deposits will be taxed Cyprus's devastating rescue Few winners in Cyprus deal Q&A: Cyprus deal Cyprus banks reassure UK customers 
 
 The exact details of this "two tier system" would be hammered out with the banks later on Tuesday, he said. Little is known about the restrictions on transactions that Anastasiades said the central bank would impose, but he told Cypriots: "I want to assure you that this will be a very temporary measure that will gradually be relaxed." The two largest lenders, the struggling Laiki and Bank of Cyprus, have imposed a daily withdrawal limit of 100 euros ($130). Their reopening had been expected after Cyprus agreed a deal with the International Monetary Fund (IMF) and the European Union (EU) that releases 10bn euros in support. Chancellor George Osborne has said the Treasury is working on a "British solution" for the 13,000 UK customers of Cyprus Popular Bank, part of Laiki Bank, who could lose a proportion of their savings above the 100,000 euros (£85,000) cut-off limit. Backed by euro zone finance ministers, the plan will wind down the largely state-owned Cyprus Popular Bank, known as Laiki, and shift deposits under 100,000 euros to the Bank of Cyprus to create a "good bank", leaving problems behind in, effectively, a "bad bank". Deposits above that insured amount will be frozen and used to pay Laiki's debts and recapitalise the Bank of Cyprus, with depositor losses eventually converted into shares. Jeroen Dijsselbloem Aged 46, member of Dutch Labour party 
 
 Became Netherlands finance minister four months ago and took over as chair of Eurogroup in January 
 
 Criticised by predecessor Jean-Claude Juncker and MEPs over initial terms of Cyprus bailout 
 
 No previous experience in finance but studied agricultural economics and business 
 
 Favours reform of the financial sector and a Europe where 'every country brings its budget in order' Jeroen Dijsselbloem 
 
 Jeroen Dijsselbloem, the Dutch finance minister who as head of the Eurogroup played a key role in the Cyprus negotiations, told Reuters and the Financial Times: "If there is a risk in a bank our first question should be 'OK, what are you in the bank going to do about that?'"
– Cypriots hoping to get their hands on what is still technically their money are going to have to wait at least another couple of days. The government has ordered the country's banks, which have been closed since March 15, to stay closed until Thursday to prevent a run on deposits following the last-minute EU bailout deal. People can still make ATM withdrawals, with a daily limit of $130 at the two biggest banks, but the machines often run out of cash and many businesses have stopped accepting debit or credit cards, the AP reports. Meanwhile, Bank of Cyprus chairman Andres Artemis has resigned this morning, reports Reuters. Even when banks reopen, limits on withdrawals are expected to remain, along with measures to prevent money from leaving the country, the BBC reports. Deposits above $130,000 in the two biggest banks, which will be subject to a stiff levy under the bailout deal, will be frozen. President Nicos Anastasiades didn't offer Cypriots many details on the transaction limits that will be imposed, but told them, "I want to assure you that this will be a very temporary measure that will gradually be relaxed," Reuters reports. The BBC spoke with the country's finance minister, who said the levy will be "significant," and as high as 40%.