12° Nicosia,
09 December, 2019


Displaying results 1-30 of 43 matches for query NPLs.

1. CITR Cyprus calls for modern insolvency rules

2. Central warns banks ‘not to overdo it’‘not-to-overdo-it

The Governor of the Central Bank of Cyprus has called on smaller local banks not to get carried away with loaning money, urging them to follow the example of bigger banks and focus on reducing toxic debt...

3. Moody's changes Cyprus outlook to positive

Rating agency Moody’s changed the outlook for the Cypriot economy to positive from stable, citing the reduction of the sovereign exposure to event risks stemming from the banking sector and the improving fiscal strength beating previous expectations...

4. Estia scheme kicks in for eligible borrowers

The Estia plan aimed at boosting borrowers’ ability to repay their defaulted loans went into effect on Monday, as the Cypriot government embarks on a scheme to subsidize repayments of restructured loans...

5. Scope rates Cyprus with BBB-

Scope Ratings affirmed last week the Republic of Cyprus’ BBB- long-term issuer and senior unsecured local- and foreign-currency ratings, along with a short-term issuer rating of S-2 in both local and foreign currency, noting that all outlooks are stable...

6. Non-performing loans decline to €10.14 billion€10-14-billion

Non-performing loans as defined by the European Banking Authority declined to €10.14 billion in March 2019, marking a reduction of €151 million compared to previous month. ...

7. ECB warns of 'significant negative impact'

The European Central Bank (ECB) has warned of “significant negative impact” to the Cypriot banking system in case a new law amending the legal on foreclosures is implemented. ...

8. Moody's warns foreclosure laws increase risk for banks

Cyprus’ new foreclosure framework hampers banks efforts to reduce NPLs said credit rating agency Moody's in an announcement on Thursday....

9. Warnings over new foreclosure legislation

A total of five bills concerning a new foreclosure legislation are expected to be discussed on Thursday at a meeting of the House of Representatives Finance Committee...

10. Bank culture should change Central Bank Governor says

11. IMF: Cyprus economic recovery gradually decelerating but remains strong

12. Cyprus 'one of the success stories of ESM'

13. CBC ready to examine ambiguities in AML laws

14. Anti-money laundering efforts beginning to be recognized abroad, Central Bank Governor says

15. IMF warns of 'increasing headwinds to sustained growth'

16. Big decisions ahead for Bank of Cyprus

17. 10th Economic Ideas Forum takes on Cyprus economic reforms

18. Finance Minister to stay on until the end of the year

19. Cooperative Anathema: Dissolution or sale

20. DBRS upgrades Cyprus to investment grade

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

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

23. Economic growth in Cyprus remains strong

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

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

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

27. Fitch Ratings upgrades Bank of Cyprus

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. Odysseas says Harris was being stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

30. President thanks parliamentary caucus for Sunday votes

President Nicos Anastasiades praised the ruling and opposition parties for approving state guarantees for Hellenic Bank as well as passing new foreclosure and bankruptcy laws, adding he would not respond to criticism...