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12° Nicosia,
26 February, 2020
 

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Displaying results 1-30 of 173 matches for query loan.

1. Cyprus' debt at €20.74 billion in end of 2019

https://knews.kathimerini.com.cy/en/news/cyprus-debt-at-€20-74-billion-in-end-of-2019

2. End of 2019 sees historic high in investment funds assets

https://knews.kathimerini.com.cy/en/business/end-of-2019-sees-historic-high-in-investment-funds-assets

Investment funds’ assets reached a historic high at the end of 2019, data released by the Cyprus Central Bank on Thursday showed....

3. 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....

4. President’s air travel under scrutiny

https://knews.kathimerini.com.cy/en/news/president-s-air-travel-under-scrutiny

Cypriot President Nicos Anastasiades is firing back at critics saying his use of a private jet owned by a Saudi billionaire has actually saved the state a lot of money, while opposition parties raise fears of dependency and quid pro quo with foreign donors...

5. Berengaria sees hope on the horizon

https://knews.kathimerini.com.cy/en/news/berengaria-sees-hope-on-the-horizon

Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...

6. 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...

7. Cyprus Tax Webcast November2019

https://knews.kathimerini.com.cy/en/business/cyprus-tax-webcast-november2019

Watch the new Deloitte Tax Webcast for November, presented by Mr. Pieris Markou, Deloitte Cyprus Tax & Legal Services Leader...

8. 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...

9. «Growth momentum moderates» in Cyprus according to Εuropean Commission Autumn Economic Forecast

https://knews.kathimerini.com.cy/en/business/growth-momentum-moderates-in-cyprus-according-to-european-commission-autumn-economic-forecast

"Growth momentum moderates" in Cyprus, according to the headline assessment of the European Commission`s Autumn Economic Forecast for the country, presented today by Commissioner Moscovici in Brussels....

10. 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....

11. President flies back amid criticism

https://knews.kathimerini.com.cy/en/news/president-flies-back-amid-criticism

The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...

12. Hellenic Bank posts profit of €59.1 million in first half of 2019

https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-profit-of-€59-1-million-in-first-half-of-2019

The Hellenic Bank has announced that it has posted a profit of €59.1 million after tax in the first half of this year with CEO Yiannis Matsis noting that the results reflect part from the benefits from the acquisition of the operations of former Cyprus Cooperative Bank. ...

13. 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...

14. 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. ...

15. Cyprus to fully repay IMF loan in 2020

https://knews.kathimerini.com.cy/en/news/cyprus-to-fully-repay-imf-loan-in-2020

According to figures from the 2020 budget presented by Finance Minister Haris Georgiades to the Cabinet, Cyprus will repay the IMF loan early resulting in government debt reduction to 91.1% of GDP ...

16. 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...

17. 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...

18. Finance Committee seeks compromise on foreclosures

https://knews.kathimerini.com.cy/en/news/finance-committee-seeks-compromise-on-foreclosures

The House of Representatives Finance Committee meets on Friday to discuss proposals that would normalize the legislative framework on foreclosures...

19. Non-performing loans decline to €10.14 billion

https://knews.kathimerini.com.cy/en/news/non-performing-loans-decline-to-€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. ...

20. S&P affirms Bank Of Cyprus ratings

https://knews.kathimerini.com.cy/en/news/s-p-affirms-bank-of-cyprus-ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

21. ECB warns of 'significant negative impact'

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

22. Central Banker mulls bridging framework on foreclosures

https://knews.kathimerini.com.cy/en/news/central-banker-mulls-bridging-framework-on-foreclosures

The Central Bank will present recommendations aimed at rectifying the foreclosure framework it was announced on Thursday...

23. Foreclosure legislation deemed unconstitutional

https://knews.kathimerini.com.cy/en/news/foreclosure-legislation-deemed-unconstitutional

Finance Minister Haris Georgiades said on Tuesday that "a legislative framework must be effective, it must not change frequently, in order to create a trustworthy framework that will enable us to manage this last remaining problem of non-performing loans.'' ...

24. Bloomberg: Turkey has abandoned the West

https://knews.kathimerini.com.cy/en/news/bloomberg-turkey-has-abandoned-the-west

In an opinion piece Bloomberg's editorial board writes that Turkey is an increasingly erratic ally that is no longer worth the risks. ...

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

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

26. Cyprus parliament suspends foreclosures

https://knews.kathimerini.com.cy/en/news/cyprus-parliament-suspends-foreclosures

The House of Representatives voted in its last plenary before summer recess an amendment to the foreclosure law that foresees a freeze in foreclosures and suspension for loans eligible for the ESTIA loan relief plan...

27. The others were Merkel’s puppets, we were just naive

https://knews.kathimerini.com.cy/en/comment/opinion/the-others-were-merkel-s-puppets-we-were-just-naive

Prime Minister Alexis Tsipras admitted to being naive enough to believe that his European counterparts, whose countries have loaned Greece billions of euros, would go easy on him...

28. Warnings over new foreclosure legislation

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

29. Bank culture should change Central Bank Governor says

https://knews.kathimerini.com.cy/en/news/bank-culture-should-change-central-bank-governor-says

30. Eurobank posts €10 million first quarter profit

https://knews.kathimerini.com.cy/en/business/eurobank-posts-€10-million-first-quarter-profit
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