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12° Nicosia,
01 April, 2020
 

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Displaying results 1-30 of 157 matches for query banks.

1. Coronavirus’ impact on local businesses

https://knews.kathimerini.com.cy/en/business/coronavirus-impact-on-local-businesses

The organisation’s experts discuss the developments and analyse the measures that need to be taken to address the challenges...

2. Cyprus gets tougher with stricter bundle of measures

https://knews.kathimerini.com.cy/en/news/cyprus-gets-tougher-with-stricter-bundle-of-measures

Stricter measures to contain the spread of coronavirus were announced by the Health Minister on Monday as the island scrambles to curb the steadily rising deaths and infections....

3. Loan payments to be suspended for nine months

https://knews.kathimerini.com.cy/en/news/loan-payments-to-be-suspended-for-nine-months

After over two weeks of discussions between the Ministry of Finance, the Ministry of Labor, the Central Bank, the Association of Cyprus Banks and other financial entities to minimize the impact of coronavirus on the Cyprus economy, white smoke has emerged with all parties agreeing that payoffs for all types of loans are to be suspended for nine months....

4. Government considering to give banks €2b in state guarantees to unlock credit

https://knews.kathimerini.com.cy/en/news/government-considering-to-give-banks-€2b-in-state-guarantees-to-unlock-credit

The Cyprus government is considering a plan to provide state guarantees to banks amounting to €2 billion, in a bid to unlock credit to self-employed, small and medium-sized enterprises and large corporations hit by the coronavirus epidemic....

5. Financial measures tackle coronavirus in Cyprus

https://knews.kathimerini.com.cy/en/business/financial-measures-tackle-coronavirus-in-cyprus

Measures of Financial Support to address the Impact of the Coronavirus have been announced by the Government of the Republic of Cyprus...

6. Main hospitals partially resume operations, blood banks low

https://knews.kathimerini.com.cy/en/news/main-hospitals-partially-resume-operations-blood-banks-low

The island’s two main hospitals partially resumed operations on Thursday when coronavirus cases rose to seven after a person who recently returned from the UK tested positive....

7. Mixed reviews on anti-money laundering

https://knews.kathimerini.com.cy/en/news/mixed-reviews-for-cyprus-anti-money-laundering

A US State Department anti-money laundering report on Cyprus includes fewer negative references but still points to vulnerabilities in the island’s financial services and gaming sectors...

8. Guards use tear gas to disperse hundreds of migrants at Greek-Turkish border

https://knews.kathimerini.com.cy/en/news/guards-use-tear-gas-to-disperse-hundreds-of-migrants-at-greek-turkish-border

Guards on Greece’s northeastern land border with Turkey made “deterrent use” of tear gas to disperse some 500 refugees and migrants trying to enter the country and the European Union after Ankara loosened controls on migrant flows....

9. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

https://knews.kathimerini.com.cy/en/business/new-life-in-cyprus-of-russian-businessman-after-unfair-seizure-of-promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

10. Cyprus enjoys strong growth prospects but contingent liabilities remain

https://knews.kathimerini.com.cy/en/business/cyprus-enjoys-strong-growth-prospects-but-contingent-liabilities-remain

Strong growth prospects and sustained fiscal discipline places Cyprus on a firm declining path but contingent liabilities, healthcare and public sector wage-related costs, as well as weaker external conditions, pose risks to the fiscal outlook, Scope rating agency said in commentary on Cyprus....

11. EIB President in Cyprus to discuss bank’s investment in the country

https://knews.kathimerini.com.cy/en/business/eib-president-in-cyprus-to-discuss-bank-s-investment-in-the-country

The European Investment Bank (EIB) President, Werner Hoyer, was in Cyprus on Monday to update President Nicos Anastasiades on recent and future investment on the island, and to review improvements the education sector which has enjoyed significant ECB investment....

12. Banks must find new profitable products, CBC Governor says

https://knews.kathimerini.com.cy/en/news/banks-must-find-new-profitable-products-cbc-governor-says

The task of securing alternative profitable products besides lending is the biggest challenge for banks in small countries such as Cyprus, Central Bank Governor Constantinos Herodotou said on Friday....

13. In Paris visit, Greek, French ministers agree to boost investments

https://knews.kathimerini.com.cy/en/news/in-paris-visit-greek-french-ministers-agree-to-boost-investments

Finance Minister Christos Staikouras, Development and Investments Minister Adonis Georgiadis and French Minister of Economy and Finance Bruno Le Maire, signed a declaration of intent on the Greek-French economic partnership in Paris on Wednesday, aimed at boosting investments....

14. How Russian uncapitalism works

https://knews.kathimerini.com.cy/en/business/how-russian-uncapitalism-works

Like a private equity firm enacting an acquisition-led ‘roll-up’ in a fragmented sector, Putin and Co in Russian have been busy in recent years quietly taking scores of small banks into state ownership...

15. Cyprus pays off costly crisis loan early

https://knews.kathimerini.com.cy/en/news/cyprus-pays-off-costly-crisis-loan-early

The Cypriot finance minister says the government is repaying an IMF rescue loan faster and at a lower rate after a double bond issuance expected to secure most of the country’s borrowing needs for 2020...

16. Thousands of Greek cards to be replaced in travel website data breach

https://knews.kathimerini.com.cy/en/news/thousands-of-greek-cards-to-be-replaced-in-travel-website-data-breach

Greece’s four systemic banks have canceled or are planning to cancel and replace up to 15,000 credit and debit cards, after the payment card data used by some of their customers on a Greek online tourist services portal was hacked....

17. CITR Cyprus calls for modern insolvency rules

https://knews.kathimerini.com.cy/en/business/citr-cyprus-calls-for-modern-insolvency-rules

18. Central warns banks ‘not to overdo it’

https://knews.kathimerini.com.cy/en/news/central-warns-banks-‘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...

19. Cyprus to start process for early repayment of IMF loan, Finance Minister announces

https://knews.kathimerini.com.cy/en/business/cyprus-to-start-process-for-early-repayment-of-imf-loan-finance-minister-announces

Finance Minister Harris Georgiades announced on Tuesday that an official process will be launched for the early and full repayment of an IMF loan, following the repayment of a loan from Russia....

20. MAP S.Platis joins forces with global firm FTI Consulting

https://knews.kathimerini.com.cy/en/business/map-s-platis-joins-forces-with-global-firm-fti-consulting

21. Impeachment inquiry hits close to home

https://knews.kathimerini.com.cy/en/news/impeachment-inquiry-hits-close-to-home

Congresswoman Maxine Waters says there is “absolutely” enough evidence to draft articles of impeachment against Trump, adding that she and other committee chairs can finish their investigations “before the year is out"...

22. Moody's changes Cyprus outlook to positive

https://knews.kathimerini.com.cy/en/news/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...

23. Britain's Thomas Cook scrambles for £200 million to avert collapse

https://knews.kathimerini.com.cy/en/news/britain-s-thomas-cook-scrambles-for-£200-million-to-avert-collapse

Britain’s Thomas Cook needs to find an extra 200 million pounds to satisfy its lenders or one of the world’s oldest holiday company risks collapse, potentially stranding thousands of holidaymakers across Europe. ...

24. Four New Partners at Harris Kyriakides LLC

https://knews.kathimerini.com.cy/en/business/four-new-partners-at-harris-kyriakides-llc

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, Georgia Karamalli and Nicolas Kyriakides. ...

25. Adults in the theaters

https://knews.kathimerini.com.cy/en/comment/opinion/adults-in-the-theaters

The film has been dismissed outright and its director, Costa-Gavras, until recently hailed as one of Greece’s top filmmakers, is suddenly being accused by some of getting carried away. Why? ...

26. Estia scheme kicks in for eligible borrowers

https://knews.kathimerini.com.cy/en/news/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...

27. Finance minister pleased with Waters’ visit

https://knews.kathimerini.com.cy/en/news/finance-minister-pleased-with-waters-visit

Finance Minister Harris Georgiades says a visit by a US delegation affirms that Cyprus is on the right track in combating money laundering, following a statement by California Congresswoman Maxine Waters who said “Cyprus is up to the challenge....

28. Waters’ summer mission reaches Cyprus

https://knews.kathimerini.com.cy/en/news/waters-summer-mission-reaches-cyprus

California Congresswoman Maxine Waters is on summer recess trip to Europe with a US special delegation on a mission meeting with officials in Switzerland and Cyprus...

29. Scope rates Cyprus with BBB-

https://knews.kathimerini.com.cy/en/business/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...

30. EY: The sale of the three subsidiaries of Cyprus Popular Bank has been completed

https://knews.kathimerini.com.cy/en/business/ey-the-sale-of-the-three-subsidiaries-of-cyprus-popular-bank-has-been-completed
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