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12° Nicosia,
02 December, 2022
 

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Displaying results 1-30 of 996 matches for query Bank.

1. Hellenic Bank soon to be under the control of Eurobank

https://knews.kathimerini.com.cy/en/business/hellenic-bank-soon-to-be-under-the-control-of-eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

2. €76.4m profit in first 9 months of 2022 for Hellenic

https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

3. Wasted food can feed starving people worldwide four times over

https://knews.kathimerini.com.cy/en/news/wasted-food-can-feed-starving-people-worldwide-four-times-over

Food waste is one of the most important challenges we are faced with today, Agriculture Minister Costas Kadis said on Tuesday, adding that it leads to serious economic, social and environmental repercussions on the entire planet....

4. World's largest crypto exchange platform to set up shop in Cyprus

https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

5. Op-ed: The effects of Global warming on banks and insurance companies

https://knews.kathimerini.com.cy/en/business/op-ed-the-effects-of-global-warming-on-banks-and-insurance-companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

6. Small number of banks meeting new loan demand

https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

7. Bank's chairman buys BOC shares for 3 consecutive days

https://knews.kathimerini.com.cy/en/business/bank-s-chairman-buys-boc-shares-for-3-consecutive-days

8. North detains two teens on counterfeit spending spree

https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

9. 14 billion euros of loans on ice due to the suspension of foreclosure sales

https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

10. The consequences of continuing foreclosure suspensions

https://knews.kathimerini.com.cy/en/news/the-consequences-of-continuing-foreclosure-suspensions

Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....

11. The visionary leader of Pafilia wins at the prestigious Bank of Cyprus Man of the Year Awards

https://knews.kathimerini.com.cy/en/business/the-visionary-leader-of-pafilia-wins-at-the-prestigious-bank-of-cyprus-man-of-the-year-awards

Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....

12. November Newsletter of K. Treppides & Co Ltd: European Banking Authority

https://knews.kathimerini.com.cy/en/business/3-november-newsletter-of-k-treppides-co-ltd-european-banking-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

13. 'The suspension of foreclosure sales is tragic for the country'

https://knews.kathimerini.com.cy/en/business/the-suspension-of-foreclosure-sales-is-tragic-for-the-country

Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...

14. BOC: Profits for first nine months gobbled up by Voluntary Retirement Plan

https://knews.kathimerini.com.cy/en/business/boc-profits-for-first-nine-months-gobbled-up-by-voluntary-retirement-plan

The bank reported 9 million euro losses following the summer departure of 550 employees, which cost it 104 million....

15. Ukraine's grain agreement with Russia extended 4 months

https://knews.kathimerini.com.cy/en/news/ukraine-s-grain-agreement-with-russia-extended-4-months

A diplomatic agreement that restarted Ukraine's maritime food exports will continue for at least another four months, keeping the economic lifeline open as the major food producer faces its first full winter at war with Russia....

16. Marios Georgiou named Man of the Year 2022

https://knews.kathimerini.com.cy/en/news/marios-georgiou-named-man-of-the-year-2022

Marios Georgiou was named Man of the Year at the 21st annual Bank of Cyprus - Man of the Year Awards 2022 held at the Parklane Hotel in Limassol last night, Wednesday, November 16th, in the presence of the President of the Republic of Cyprus, Mr. Nicos Anastasiades. ...

17. ECB: Banks in Italy, Portugal, Greece, Cyprus could see highest rise in NPLs

https://knews.kathimerini.com.cy/en/news/ecb-banks-in-italy-portugal-greece-cyprus-could-see-highest-rise-in-npls

Banks in Italy, Portugal, Greece and Cyprus could suffer some of the biggest increases in non-performing loans while France, Ireland and Luxembourg could be among the best performers, the European Central Bank said in a fresh study on Tuesday....

18. Who benefits from the proposed rent-to-mortgage scheme?

https://knews.kathimerini.com.cy/en/business/who-benefits-from-the-proposed-rent-to-mortgage-scheme

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

19. Investors lost $1 billion on FTX, prompting calls for industry regulation

https://knews.kathimerini.com.cy/en/news/investors-lost-$1-billion-on-ftx-prompting-calls-for-industry-regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

20. November Newsletter of K. Treppides & Co Ltd: European Banking Authority

https://knews.kathimerini.com.cy/en/business/2-november-newsletter-of-k-treppides-co-ltd-european-banking-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

21. FTX's European operations suspended indefinitely

https://knews.kathimerini.com.cy/en/news/ftx-s-european-operations-suspended-indefinitely

The company is taking a wait-and-see approach until further notice in order to deal with FTX International and the more than $8 billion hole it has created...

22. President defers foreclosure mess to attorney general

https://knews.kathimerini.com.cy/en/news/president-defers-foreclosure-mess-to-attorney-general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...

23. Cyprus regulator to suspend FTX's license

https://knews.kathimerini.com.cy/en/business/cyprus-regulator-to-suspend-ftx-s-license

FTX's European Union license in Cyprus could be suspended in yet another blow to Sam Bankman-Fried's crypto exchange, according to Bloomberg....

24. 400-500 Hellenic employees to be made redundant

https://knews.kathimerini.com.cy/en/business/400-500-hellenic-employees-to-be-made-redundant

On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....

25. Finance Minister calls for the repeal of foreclosure suspension

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

26. Twitter: Musk warns of the possibility of bankruptcy

https://knews.kathimerini.com.cy/en/business/twitter-musk-warns-of-the-possibility-of-bankruptcy

27. Looking for a strategy to suspend foreclosure sales

https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

28. FT: Former PWC Cyprus accountants take on company's Russian clients

https://knews.kathimerini.com.cy/en/news/ft-former-pwc-cyprus-accountants-take-on-company-s-russian-clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

29. November Newsletter of K. Treppides & Co Ltd: European Banking Authority

https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd-european-banking-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

30. Why inequality is growing in the US and around the world

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-inequality-is-growing-in-the-us-and-around-the-world

U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022....

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