https://knews.kathimerini.com.cy/en/news/apollo-ceo-investigated-over-epstein-ties
The CEO of Apollo Global Management, whose affiliates acquired billions of bad debt in Cyprus, is being investigated over alleged financial ties to Jeffrey Epstein...
https://knews.kathimerini.com.cy/en/news/berengaria-sees-hope-on-the-horizon
Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-npes-amounting-to-€34-million-to-aps-delta
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-unloads-npls-worth-€400-million
https://knews.kathimerini.com.cy/en/news/astrobank-in-talks-to-buy-national-bank-of-greece-cyprus-unit
https://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...
https://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...
https://knews.kathimerini.com.cy/en/business/government-and-co-op-begin-consultations-with-bidders
https://knews.kathimerini.com.cy/en/business/co-op-receives-two-bids-in-good-bank-bad-bank-scenarios
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March, with one bidder going after the ‘good bank’ scenario just as the European Commission approved the acquisition of Altamira Cyprus by a joint platform with CCB and one of the bidders...