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

122. Economic growth in Cyprus remains strong

123. Alpha Bank Cyprus unloads NPLs worth €400 million

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

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

126. Fitch Ratings upgrades Bank of Cyprus

127. 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...

128. 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...

129. 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...

130. House shifts into gear with Sunday bad loans session

It will be a long weekend for the House finance committee, which will hold emergency sessions ahead of a crucial Sunday vote on bad loans and state guarantees for Hellenic Bank...

131. 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...

132. 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...

133. ESM warns Cypriot banks of quick fixes

The European Stability Mechanism warns Cyprus that despite a recent decline in non-performing loans (NPL), the banking sector remains vulnerable due to weak profitability and a still high NPL ratio...

134. Cyprus forecasts high GDP growth of 3% plus until 2021

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...

135. EU predicts strong growth as unemployment declines

The Commission foresees a "strong growth momentum continuing" in the coming years, but warned of risks widening...

136. ECB mulls shelving rules tackling eurozone NPLs

The European Central Bank is considering shelving planned rules that would have forced banks to set aside more money against their stock of unpaid loans, after suffering a political backlash....

137. FinMin: Revenue from NPLs management will repay cost of support to Co-op

Government moves include establishing an asset – management company, based on conditions that the competent European institutions will set and depending on the finalisation of investment interest in the Co-op...

138. Banks in Cyprus, Greece and Portugal may need further reserve build-up

Fitch also notes that average NPL/total loan ratios at the EU`s largest banks had declined to 4% by end-2017 from 6.5% at end-2014...

139. Bad loans still high despite fast economic growth

Cyprus' economic growth has been supported by construction, tourism and professional services...

140. Bank chief urges business to help in a speedier resolution of NPLs

He said that one of the biggest issues in Cyprus was the tolerance on non-performers lending...

141. Cooperative Bank looking to attract investors

The investor can acquire some or all of the share capital...

142. Moody's sees robust economic recovery helping Cypriot banks

It expects that banks will continue to make progress on restructuring troubled loans and selling real-estate collateral...