https://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...
https://knews.kathimerini.com.cy/en/business/cyprus-co-op-bank-freezes-accounts-with-bad-loans
The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms...
https://knews.kathimerini.com.cy/en/news/government-throws-co-op-ball-in-hellenic-s-court
The Cyprus Cooperative Bank will examine Monday a final offer from Hellenic Bank to acquire the troubled state-owned institution, with government seeing the buyout as a good step while critics saying tax payers are unfairly picking up the tab...
https://knews.kathimerini.com.cy/en/news/eu-membership-has-not-worked-as-a-catalyst-for-peace
Cyprus` membership to the EU in 2004 has not worked as a catalyst towards a solution of the Cyprus problem...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-in-a-time-crunch-to-bid-on-ccb
The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...
https://knews.kathimerini.com.cy/en/business/cyprus-recovery-is-being-recognised-by-international-agencies
Fitch does not currently anticipate developments with a high likelihood of leading to a downgrade...
https://knews.kathimerini.com.cy/en/business/bank-run-at-cooperative-peaked-in-march
A top official at the Cooperative Bank says more money was lost in bank deposits first quarter this year, just shy of 2 billion, than the outflow during the 2013 crisis....
https://knews.kathimerini.com.cy/en/business/georgiades-makes-the-good-case-for-ccb
Borrowers who default on a loan won’t be able to pick up the phone and ask a politician to intervene, according to Finance Minister Harris Georgiades, who insists that separating healthy banking from bad loans is the best way forward for the Cyprus Cooperative Bank....
https://knews.kathimerini.com.cy/en/news/cooperative-bank-outflow-appears-to-have-stopped
The Cyprus finance minister says outflow has stopped at the state-owned Cyprus Cooperative Bank, following a €2.5 billion deposit by the government that is seeking private investors for the troubled institution....
https://knews.kathimerini.com.cy/en/business/government-boosts-ccb-s-hand
The Cyprus government says it is depositing €2.5 billion at the Cooperative Bank of Cyprus, as part of a broader plan to eliminate uncertainty among depositors in the wake of a privatisation bid...
https://knews.kathimerini.com.cy/en/business/loans-in-banking-system-reach-€51-1-billion
Total deposits in February recorded a net decrease of €29.2 million...
https://knews.kathimerini.com.cy/en/business/cypriot-investor-signs-$4-2-billion-zimbabwe-platinum-deal
It is the largest investment structure in the country’s mining industry in Zimbabwe...
https://knews.kathimerini.com.cy/en/business/hedge-funds-show-interest-in-cyprus-co-op
Major hedge funds are showing interest in the Co-Operative Bank of Cyprus, including one headed by former Bank of Cyprus Vice Chairman and current US Commerce Secretary Wilbur Ross. It is too early to predict any deal since investor goals differ from each other and all would depend on final numbers at a later stage. ...
https://knews.kathimerini.com.cy/en/business/co-op-bank-en-route-to-healthy-future
Cyprus Co-operative Bank will be healthier without a massive NPL problem. Already it has managed to cut down on the number of branches and reduce its staff, but now the big step is finding investors with the right kind of portfolio to move banking forward....
https://knews.kathimerini.com.cy/en/business/cysec-to-wrap-up-inquiries-on-the-banking-crisis
The three cases concerning the now-defunct Laiki Bank with regard the acquisition products by German Commerzabank, the reclassification of the Greek bonds held by Laiki, and the investment of Bank of Cyprus in Banca Transilvania...
