11° Nicosia,
16 January, 2019


Displaying results 1-30 of 84 matches for query loans.

1. House passes state budget for 2019

The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...

2. Budget 2019 goes to parliament

3. EU Commission approves ESTIA scheme

4. Bloomberg reports on J&P Overseas downfall

5. Greece's Eurobank to acquire Grivalia Properties

6. DBRS upgrades Cyprus to investment grade

7. Finance Minister: CCB the weakest link of the banking system

8. Four busted in Limassol co-op bank fraud

Four people have been arrested in connection with financial irregularities at a Limassol credit union of the Cyprus Cooperative Bank...

9. Hellenic Bank’s Economic Review

10. Shell companies ''This is over, its finished''

11. Former Cyprus Cooperative Bank boss under criminal investigation

12. Interview with Isfandyar Zaman Khan, lead specialist for finance and innovation at the World Bank

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

14. 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...

15. Fitch Ratings upgrades Cyprus to investment grade

16. Bad loans in Cyprus decline by €3.28 billion since March 2018€3-28-billion-since-march-2018

17. Alpha Bank Cyprus unloads NPLs worth €400 million€400-million

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

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

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

21. Fitch Ratings upgrades Bank of Cyprus

22. 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...

23. EU Commissioner for Competition Margrethe Vestager visits Cyprus

24. 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...

25. 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...

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

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...

27. 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 ...

28. 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...

29. 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...

30. 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...