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17° Nicosia,
14 November, 2018
 

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Displaying results 1-30 of 73 matches for query loans.

1. Dijsselbloem: Cyprus is still in search of a new economic paradigm

http://knews.kathimerini.com.cy/en/news/dijsselbloem-cyprus-is-still-in-search-of-a-new-economic-paradigm

2. Suspected loan-shark arrested in Limassol

http://knews.kathimerini.com.cy/en/news/suspected-loan-shark-arrested-in-limassol

The Limassol District Court has remanded a 70-year-old local moneylender for seven days on multiple charges including money extortion, blackmail, and illegal loan-sharking...

3. Russian oligarchs ''monitored''

http://knews.kathimerini.com.cy/en/news/russian-oligarchs-monitored

4. Fitch Ratings upgrades Cyprus to investment grade

http://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-cyprus-to-investment-grade

5. Bad loans in Cyprus decline by €3.28 billion since March 2018

http://knews.kathimerini.com.cy/en/business/bad-loans-in-cyprus-decline-by-€3-28-billion-since-march-2018

6. Alpha Bank Cyprus unloads NPLs worth €400 million

http://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-unloads-npls-worth-€400-million

7. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

http://knews.kathimerini.com.cy/en/business/imf-the-cypriot-economy-continues-its-rapid-recovery-from-the-2012–13-financial-crisis

8. Bank share plunge fuels fears about Greece's vulnerability

http://knews.kathimerini.com.cy/en/news/bank-share-plunge-fuels-fears-about-greece-s-vulnerability

9. Astrobank in talks to buy National Bank of Greece Cyprus unit

http://knews.kathimerini.com.cy/en/news/astrobank-in-talks-to-buy-national-bank-of-greece-cyprus-unit

10. Fitch Ratings upgrades Bank of Cyprus

http://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-bank-of-cyprus

11. Cyprus back into investment grade

http://knews.kathimerini.com.cy/en/business/cyprus-back-into-investment-grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

12. EU Commissioner for Competition Margrethe Vestager visits Cyprus

http://knews.kathimerini.com.cy/en/news/eu-commissioner-for-competition-margrethe-vestager-visits-cyprus

13. Hellenic mulls over selling delinquent loans

http://knews.kathimerini.com.cy/en/business/hellenic-mulls-over-selling-delinquent-loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

14. Hellenic takes on 400,000 new customers

http://knews.kathimerini.com.cy/en/business/hellenic-takes-on-400-000-new-customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

15. Moody’s thumbs up to Bank of Cyprus bad loans sale

http://knews.kathimerini.com.cy/en/business/moody-s-thumbs-up-to-bank-of-cyprus-bad-loans-deal

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

16. Former trustee says Credit Unions were in chaos

http://knews.kathimerini.com.cy/en/news/former-trustee-says-credit-unions-were-in-chaos

Another former trustee of the defunct Cyprus Cooperative Bank speaks out, describing a world of chaos at the financial institution where lack of expertise, political pressure, and wrongdoing ruled the day ...

17. Bank of Cyprus gets rid of small business bad loans

http://knews.kathimerini.com.cy/en/business/bank-of-cyprus-gets-rid-of-small-business-bad-loans

The Bank of Cyprus says it has sold a portfolio of non-performing loans worth €2.8 billion to Apollo Global Management, a transaction that will reduce its stock of NPLs to €5.2 billion...

18. Bank of Cyprus CEO stays put through 2020

http://knews.kathimerini.com.cy/en/business/bank-of-cyprus-ceo-stays-put-through-2020

Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...

19. Over a thousand employees choose Co-Op buyout

http://knews.kathimerini.com.cy/en/news/over-a-thousand-employees-choose-co-op-buyout

Over a thousand employees at Cyprus Cooperative Bank signed up for a voluntary severance package, well above the target of 900 set by the bank ahead of a takeover by Hellenic Bank...

20. Shadows loom over government’s ‘clean exit’ scenario

http://knews.kathimerini.com.cy/en/news/shadows-loom-over-government-s-‘clean-exit-scenario

Greece’s bailout exit has been eliciting condescending and bitter commentary on the country’s beaches and in its near-deserted cities, as few Greeks believes their lives are going to improve or that the country’s prospects will be akin to those of other bailed-out eurozone states. Greece’s “return to normalcy” and “clean exit,” much touted by the government, appear to be happening somewhere else....

21. Regling says Greece will remain linked to ESM

http://knews.kathimerini.com.cy/en/news/regling-says-greece-will-remain-linked-to-esm

Greece will be monitored more closely by the European Stability Mechanism (ESM) and the other institutions after its bailout ends six days from now compared to other countries that emerged from rescue programs, according to ESM chief Klaus Regling....

22. Manafort lawyer blames Cyprus accounts on oligarchs

http://knews.kathimerini.com.cy/en/news/manafort-lawyer-blames-cyprus-accounts-on-oligarchs

Prosecutors described Paul Manafort as a “shrewd” liar and accused him of misleading his tax preparers, banks, and US authorities in claiming that secret accounts did not exist...

23. Unions okay with CCB severance package

http://knews.kathimerini.com.cy/en/business/unions-okay-with-ccb-severance-package

Union employees at Cyprus Cooperative Bank have agreed to sign up on a severance package plan this summer, ahead of a takeover by Hellenic Bank, saying it can contribute to labour peace...

24. Unions to discuss CCB severance offer

http://knews.kathimerini.com.cy/en/news/unions-to-discuss-ccb-severance-offer

The Cyprus Cooperative Bank is making another effort to strike a deal with unions in order to get 900 employees agree to walk away...

25. Moody’s says BoC better off after UK sale

http://knews.kathimerini.com.cy/en/news/moody-s-says-bank-of-cyprus-better-off-after-uk-sale

Rating Agency Moody’s has described the sale of Bank of Cyprus UK as credit positive, noting that the sale would place Bank of Cyprus in a better position to focus on reducing its domestic high stock of problematic loans...

26. Government exploring ways to suspend pension cuts

http://knews.kathimerini.com.cy/en/news/government-exploring-ways-to-suspend-pension-cuts

The government is hoping that surpluses at the Single Social Security Entity (EFKA) will allow the non-implementation of pre-legislated pension cuts on January 1 next year....

27. President thanks parliamentary caucus for Sunday votes

http://knews.kathimerini.com.cy/en/news/president-thanks-parliamentary-caucus-for-sunday-votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...

28. House approves state guarantees in co-op deal

http://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal

The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...

29. House shifts into gear with Sunday bad loans session

http://knews.kathimerini.com.cy/en/news/house-shifts-into-gear-with-sunday-bad-loans-session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

30. Cabinet okays homeowner plan ahead of crucial House session

http://knews.kathimerini.com.cy/en/news/cabinet-okays-homeowner-plan-ahead-of-crucial-house-session

The Cabinet approved on Tuesday the “Estia” scheme aimed at addressing the high volume of non-performing loans in the Cypriot banking sector, but time is running out as a crucial legislation package on bad loans is also up for a vote on Friday...