https://knews.kathimerini.com.cy/en/news/moody-s-upgrades-bank-of-cyprus-and-hellenic-bank
https://knews.kathimerini.com.cy/en/news/house-passes-state-budget-for-2019
The House of Representatives Plenary on Friday approved by majority voting the 2019 state budget, that provides for a surplus amounting 3% of GDP...
https://knews.kathimerini.com.cy/en/news/budget-2019-goes-to-parliament
https://knews.kathimerini.com.cy/en/news/eu-commission-approves-estia-scheme
https://knews.kathimerini.com.cy/en/business/bloomberg-reports-on-j-p-downfall
https://knews.kathimerini.com.cy/en/business/greece-s-eurobank-to-acquire-grivalia-properties
https://knews.kathimerini.com.cy/en/news/dbrs-upgrades-cyprus-economy-to-investment-grade
https://knews.kathimerini.com.cy/en/news/finance-minister-ccb-the-weakest-link-of-the-banking-system
https://knews.kathimerini.com.cy/en/news/four-busted-in-limassol-co-op-bank-fraud
Four people have been arrested in connection with financial irregularities at a Limassol credit union of the Cyprus Cooperative Bank...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-economic-review
https://knews.kathimerini.com.cy/en/news/shell-companies-this-is-over-its-finished
https://knews.kathimerini.com.cy/en/news/former-cyprus-cooperative-bank-boss-under-criminal-investigation
https://knews.kathimerini.com.cy/en/news/interview-with-isfandyar-zaman-khan-lead-specialist-for-finance-and-innovation-at-the-world-bank
https://knews.kathimerini.com.cy/en/news/dijsselbloem-cyprus-is-still-in-search-of-a-new-economic-paradigm
https://knews.kathimerini.com.cy/en/news/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...
https://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-cyprus-to-investment-grade
https://knews.kathimerini.com.cy/en/business/bad-loans-in-cyprus-decline-by-€3-28-billion-since-march-2018
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-unloads-npls-worth-€400-million
https://knews.kathimerini.com.cy/en/business/imf-the-cypriot-economy-continues-its-rapid-recovery-from-the-2012–13-financial-crisis
https://knews.kathimerini.com.cy/en/news/bank-share-plunge-fuels-fears-about-greece-s-vulnerability
https://knews.kathimerini.com.cy/en/news/astrobank-in-talks-to-buy-national-bank-of-greece-cyprus-unit
https://knews.kathimerini.com.cy/en/news/fitch-ratings-upgrades-bank-of-cyprus
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-for-competition-margrethe-vestager-visits-cyprus
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/moody-s-thumbs-up-to-bank-of-cyprus-bad-loans-deal
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...
https://knews.kathimerini.com.cy/en/news/former-trustee-says-credit-unions-were-in-chaos
Another former trustee of the defunct Cyprus Cooperative Bank speaks out, describing a world of chaos at the financial institution where lack of expertise, political pressure, and wrongdoing ruled the day
...
https://knews.kathimerini.com.cy/en/business/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...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-ceo-stays-put-through-2020
Bank of Cyprus CEO John Patrick Hourican will stay in his current position through the end of 2020, following a decision by the executive board at the largest lending institution in Cyprus...