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361. CBC introduce sharper rules against the so-called “Shell and Letterbox Companies”

The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing...

362. Greece's Eurobank to acquire Grivalia Properties

363. DBRS upgrades Cyprus to investment grade

364. Hellenic Bank’s Economic Review

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

366. Fund Management a 'new beginning' for Cyprus

367. Grexit plan was no bluff, French ex-president tells Kathimerini

368. Hellenic Petroleum reported a 15% rise in third quarter profit

369. Economic growth in Cyprus remains strong

370. EU officials call Greece for stability amid pension debate

European officials are urging the Greek government to focus on maintaining financial and political stability even as political parties ratchet up their rhetoric ahead of general elections next year....

371. There is no economic bubble says Finance Minister

372. Suspected loan-shark arrested in Limassol

The Limassol District Court has remanded a 70-year-old local moneylender for seven days on multiple charges including money extortion, blackmail, and illegal loan-sharking...

373. Fiscal Council: Construction sector growth will not continue indefinitely

374. Eurostat confirms Cyprus 1.8% budget surplus

375. Fitch Ratings upgrades Cyprus to investment grade

376. Knife-wielding Larnaca robber shows remorse

The man who attempted to rob a convenience store in Larnaca and was chased into school yard told the court he had a lot of gambling debts...

377. Bad loans in Cyprus decline by €3.28 billion since March 2018

378. Solution from abroad for J&P Overseas

379. IMF: The Cypriot economy continues its rapid recovery from the 2012–13 financial crisis

380. Greek banks to chase borrowers who refused to open their accounts

Banks have firmly focused their attention on debtors who have resorted to the provisions of the so-called Katseli law – named after former economy minister Louka Katseli – for protection now that their bank account secrecy has been lifted....

381. Cyprus bond achieves best borrowing rate in Euro era

382. Cyprus issues sovereign bond, draws €1.5 billion at 2.4%

383. Cyprus eyes 10-year low yield bond after S&P lifts sovereign to investment grade

384. Cyprus back into investment grade

Cyprus got its investment worthiness stripes back on Friday as Standard & Poor’s raised the country’s credit grade from BB+ to BBB- with a stable outlook, five years following a devastating financial collapse...

385. Hellenic mulls over selling delinquent loans

Hellenic Bank posted a €35 million net profit for the first half of 2018, with the bank’s CEO Ioannis Matsis stating that the bank is ready to launch a tender for the sale of a portfolio of non-performing exposures within the next six months...

386. INTERVIEW WITH THE FRENCH MINISTER OF FOREIGN AFFAIRS

387. Hellenic takes on 400,000 new customers

Hellenic Bank is taking on 400,000 new customers, leaving bad debt behind in the acquisition of healthy parts of state-owned Cyprus Cooperative Bank...

388. Moody’s thumbs up to Bank of Cyprus bad loans sale

Moody’s credit rating agency says the recent sale of Non-Performing Loans by the Bank of Cyprus worth €2.8 billion is a positive step...

389. 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...

390. Cyprus-based company bids for Serbian copper

A Cyprus-based company is among three bidders trying to strike a partnership with Serbia’s only copper mine and smelter...