Lamesa Holdings, an affiliate of Renova group of Russian interests, purchased 30 mn shares of the bank of Cyprus on January 21, 2016. As announced in the Cyprus stock exchange, the transaction was...
The church is accelerating the process of restructuring loans of monasteries and metropolises to repay about €190 mn owed mainly to the Hellenic Bank, the Bank of Cyprus and the Cooperative. So far...
A quite high percentage of the restructurings done so far by the bank of Cyprus, estimated at 80%, is considered absolutely successful and the bank expects that by the end of the year new...
Bank of Cyprus announced today its decision to appoint Mr Michael Heger as a member of its board of directors. According to BOCY's announcement " The Board of Directors of Bank of Cyprus Public...
Moody's has today affirmed the Baa3 ratings on the mortgage covered bonds of Bank of Cyprus. Today's affirmation reflects Moody's view that the effective servicing of the cover pool and the likely...
Bank of Cyprus will further reduce its ELA balance using part of the proceeds from the repayment of a government bond it owns. According to the bank's announcement, it has been notified by the...
The Bank of Cyprus has started implementing 100 cases of foreclosures said the bank’s head of restructurings and debt recovery service, Nick Smith. In his interview with Politis newspaper and the...
Supervisors of Cypriot banks express their discontent as regards the way they are handling communication about the results of the European diagnostic controls. Technocrats of the single supervisory...
The current year proves to be yet another period of significant changes in relation to the banks' domestic deposits with market leaders strengthening their position. After the substantial changes...
The Cypriot banking sector remains large according to a report on the dynamics of the banking sector by the auditors of the Bank of Cyprus. As the report of EY notes, despite the overall progress...