https://knews.kathimerini.com.cy/en/business/coops-privatisation-process-attracts-significant-investor-interest
The privatisation process of the Cyprus Cooperative Bank (CCB) attracted “significant interest” both from financial entities in Cyprus and abroad in acquiring a stake in its share capital of part of its assets, the CCB said after the completion of the first phase concerning the expression of interest....
https://knews.kathimerini.com.cy/en/business/hourican-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...
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/cooperative-bank-looking-to-attract-investors
The investor can acquire some or all of the share capital...
https://knews.kathimerini.com.cy/en/news/finance-minister-wants-focus-on-responsible-borrowers
Finance Minister Harris Georgiades says responsible borrowers deserve help, but draws the line where strategic defaulters take advantage of loopholes and don't repay their loans...
