Cyprus larger lender, Bank of Cyprus (Holdings) announced losses €554 million for the first half of 2017, as it injected half a billion euros to increase its provisions to Non-Performing Exposures (...
The Bank of Cyprus Group has announced a deliberate additional change to the way it provides against delinquent loans on its balance sheet, which will result in the Group allocating an additional €...
Moody`s Investors` Service has upgraded Bank of Cyprus Public Company Limited`s (BoC`s) long-term local and foreign currency deposit ratings to Caa1 from Caa2 and its Provisional Senior Unsecured...
The Bank of Cyprus is repeatedly examining ten or twelve different ways of further accelerating the reduction of non - performing loans (NPLs), said the Bank’s CEO John Patrick Hourican. He also...
Bank of Cyprus posted net profit amounting to €2 million the first quarter of 2017, with profitability hampered by a €18 million fine by the Competition Watchdog as well as increased provisions for...
The Cyprus Popular Bank special administrator announced yesterday that it has successfully completed the sale of 21,467,720 ordinary shares of Bank of Cyprus Holdings (BOCH), representing...
Bank of Cyprus Group will announce its financial results on May 30, for the quarter that ended on March 31, 2017. The announcement to the London Stock Exchange and the Cyprus Stock Exchange will...
Bank of Cyprus Holdings Public Limited Company announces that, further to his appointment as U.S. Commerce Secretary, Mr Wilbur L. Ross Jr. has today, 1 March 2017, submitted his resignation from his...
Bank of Cyprus` CEO John Patrick Hourican appeared Wednesday not to favour the possibility of creating an external bad loan management unit, saying that the bank`s internal unit for bad loans...