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12° Nicosia,
04 September, 2025
 

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Displaying results 61-90 of 239 matches for query shareholder.

61. Eurobank's Michalis Louis set to become new CEO of Hellenic Bank

https://knews.kathimerini.com.cy/en/news/eurobank-s-michalis-louis-set-to-become-new-ceo-of-hellenic-bank

Michalis Louis, CEO of Eurobank Cyprus, is expected to be named the new chief executive officer of Hellenic Bank following the bank’s 50th Annual General Meeting on September 18, 2024....

62. Cyprus banks set for major changes in September

https://knews.kathimerini.com.cy/en/news/cyprus-banks-set-for-major-changes-in-september

September will bring significant shifts for Cyprus's two largest banks....

63. Eurobank completes takeover of Hellenic Bank

https://knews.kathimerini.com.cy/en/business/eurobank-completes-takeover-of-hellenic-bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

64. Eurobank to revamp Hellenic Bank's leadership in September

https://knews.kathimerini.com.cy/en/news/eurobank-to-revamp-hellenic-bank-s-leadership-in-september

Eurobank is now focusing on the next steps following the completion of its tender offer for a 100% acquisition of Hellenic Bank, finalized on Tuesday, June 30, 2024. ...

65. Greek firms fuel business expansion across Cyprus

https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus

The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....

66. Market changes, Eurobank's move, and economic struggles

https://knews.kathimerini.com.cy/en/news/market-changes-eurobank-s-move-and-economic-struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

67. Fifteen days left to decide on Eurobank's offer

https://knews.kathimerini.com.cy/en/news/fifteen-days-left-to-decide-on-eurobank-s-offer

Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....

68. FT: Unilever to cut 1/3 of office jobs in Europe

https://knews.kathimerini.com.cy/en/business/ft-unilever-to-cut-1-3-of-its-office-jobs-in-europe

Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...

69. Fitch elevates Hellenic Bank’s credit rating

https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

70. Cyprus cancels Russian billionaires' passports from Christofias era

https://knews.kathimerini.com.cy/en/news/cyprus-cancels-russian-billionaires-passports-from-christofias-era

Cyprus has revoked the citizenship of two high-profile Russian oligarchs who were naturalized during the presidency of Demetris Christofias. ...

71. Eurobank gains green light for 100% acquisition of Hellenic Bank

https://knews.kathimerini.com.cy/en/news/eurobank-gains-green-light-for-100-acquisition-of-hellenic-bank

The Cyprus Securities and Exchange Commission (the “CySEC”) approved on 25 June 2024, the publication of the Takeover Bid Document for the acquisition by Eurobank S.A. of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”). ...

72. Major shareholders of Bank of Cyprus seek to sell 15% stake

https://knews.kathimerini.com.cy/en/business/major-shareholders-of-bank-of-cyprus-seek-to-sell-15-stake

Two major shareholders of Bank of Cyprus, CarVal Investors and Caius Capital, who together hold 15% of the bank's shares, are looking to sell their stake....

73. How inheriting property can cause headaches

https://knews.kathimerini.com.cy/en/comment/opinion/how-inheriting-property-can-cause-headaches

Everything usually starts with pure intentions: ''We have two children, so we pass on half a share to each of them to avoid offending anyone, and then let them do what they want.''...

74. Eurobank takes control with 55.3% share in Hellenic Bank

https://knews.kathimerini.com.cy/en/news/eurobank-takes-control-with-55-3-share-in-hellenic-bank

The European Central Bank (ECB) has given its approval for Eurobank to acquire a majority stake of over 50% in Hellenic Bank, marking a significant milestone in the banking landscape of Cyprus....

75. Hackers claim 560M Ticketmaster accounts breached

https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached

Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers. ...

76. World Bank Tribunal backs Cyprus' 2013 bank measures

https://knews.kathimerini.com.cy/en/news/world-bank-tribunal-backs-cyprus-2013-bank-measures

Cyprus’ Attorney-General, George Savvides said on Thursday that a decision by the International Arbitral Tribunal of the World Bank on the case Theodoros......

77. Eurobank's Q1 profit boosted by €41M from Hellenic Bank investment

https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment

Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...

78. Bank of Cyprus earns €133 million in profits

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits

The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....

79. New CEO for Cablenet Communication Systems plc in Cyprus

https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......

80. MP Neofytou proposes €11,000 immediate payout for solidarity fund recipients

https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients

Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....

81. The birth of Bank of Cyprus in 1899

https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

82. Hellenic set to acquire CNP in multimillion-Euro deal

https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

83. WhatsApp's lowered age limit sparks controversy

https://knews.kathimerini.com.cy/en/news/whatsapp-s-lowered-age-limit-sparks-controversy

Meta, the parent company of WhatsApp, has revised its minimum age requirement for the messaging app in Europe, lowering it to 13 from 16, a move that has drawn criticism from children's rights advocates....

84. AstroBank's record-breaking year: €30.4M in profits for 2023

https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

85. Hellenic Bank's pursuit of CNP Cyprus uncovers uncertainties

https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties

The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....

86. Finance Ministry urges applicants for 2013 haircut compensation

https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation

The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...

87. Cyprus News Digest - From river beautification to billionaires' bargains

https://knews.kathimerini.com.cy/en/news/cyprus-news-digest-from-river-beautification-to-billionaires-bargains

It's been a while since we heard about inaugurations from our president, so this one deserves special mention: ...

88. Boeing's engine cowling detaches mid-takeoff, strikes wing

https://knews.kathimerini.com.cy/en/news/boeing-s-engine-cowling-detaches-mid-takeoff-strikes-wing

US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap, the latest in a series of safety problems facing the aircraft manufacturer. ...

89. US sanctions Cyprus-based entity for Russian sanctions evasion

https://knews.kathimerini.com.cy/en/business/us-sanctions-cyprus-based-entity-for-russian-sanctions-evasion

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Monday against thirteen entities and two individuals, including one based in Cyprus, ...

90. Winter 2024 brings 17% boost in energy production

https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production

Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......

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