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12° Nicosia,
02 May, 2024
 

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Displaying results 1-5 of 5 matches for query toxic debt.

1. Russia ready to allow ships with food to leave Ukraine in exchange of lifting sanctions

https://knews.kathimerini.com.cy/en/news/russia-ready-to-allow-ships-with-food-to-leave-ukraine-in-exchange-of-lifting-sanctions

Russia is ready to provide a humanitarian corridor for vessels carrying food to leave Ukraine, in return for the lifting of some sanctions, the Interfax news agency cited Russian Deputy Foreign Minister Andrei Rudenko as saying on Wednesday (25 May)....

2. 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...

3. Cyprus back into investment grade

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...

4. Hellenic takes on 400,000 new customers

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...

5. House prepares to define good and bad borrowers

https://knews.kathimerini.com.cy/en/news/house-prepares-to-define-good-and-bad-borrowers

The distinction between responsible and irresponsible borrowers is at the forefront of heated debate this week, with Presidential Palace and Parliament scrambling to strike balance ahead of a crucial vote...

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