BANKS Eurobank acquires full control of Hellenic Bank Newsroom Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas. READ MORE
Cyprus reaches new record in number of Investment Funds, €8.74 billion in total assets According to data published by the Central Bank of Cyprus Source: CNA 18/02/2022 | BUSINESS
Ambassador of France visits the University of Nicosia Discussions on possible collaboration in the field of Higher Education 18/02/2022 | BUSINESS
Italian Ambassador visits the University of Nicosia Meeting with Rector Pouyioutas and Vice Rectors Angelides and Vrontis 18/02/2022 | BUSINESS
JP Morgan is first bank to enter the metaverse with a virtual 'Onyx lounge' The company can operate as a bank in the virtual world much like it does in the real world 16/02/2022 | BUSINESS
Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban Bank of Russia reports on first digital ruble tests but continues fight against Bitcoin adoption 16/02/2022 | BUSINESS
Cyprus economy grew by 5.7% in 2021 according to Eurostat High growth rate confirms resilience of the economy and policy soundness, FinMin says Source: CNA 15/02/2022 | BUSINESS
Alpha bank group sells €2.4 billion NPL and real estate portfolio in Cyprus Expected to be finalized in Q3 2022 Source: CNA 14/02/2022 | BUSINESS
Credit Suisse faces money laundering charges in Bulgarian cocaine traffickers trial Prosecutors say the bank and a former employee did not take steps to prevent alleged drug traffickers from hiding and laundering ... Source: Reuters 08/02/2022 | BUSINESS
MIT researchers create new material as strong as steel and light as plastic Can be used as lightweight coatings for cars and phones or as building blocks for bridges 07/02/2022 | BUSINESS
Hermes Airports signs Toulouse Declaration The consortium, along with other airports around the continent, states commitment to a net-zero future Source: CNA 07/02/2022 | BUSINESS
BANKS
