ETYK faces the biggest challenge in its 57 years of history, after the government’s decision to issue a decree including a salary cut for the CPB employees due to its nationalization. The...
The first phase of nationalization of Cyprus Popular Bank will be launched today. Few days after the Finance Minister’s decree for the support of the bank, Mr. Shiarly and the Central Bank Governor...
21/05/2012
The dramatic appeals of the Cyprus Popular Bank Administration to the state brought up “strictly confidential” letters sent by the bank to the competent authorities in the past few months. The...
18/05/2012
After a 9-hour marathon meeting and two plenary sessions, the House of Representatives approved by majority the bill that allows a state support to Cyprus Popular Bank with the underwriting of the...
18/05/2012
The decree submitted to Parliament by the Ministry of Finance for the recapitalization of Cyprus Popular Bank provides for a veto for the state, maximum salaries, underwriting duty of €36 million and...
17/05/2012
The Council of Ministers decided on Thursday to become underwriter of the rights issue of €1.8 billion by Cyprus Popular Bank, in the sidelines of the recapitalization efforts. According to the...
17/05/2012
Cyprus Popular Bank Management is elaborating an incentives plan to the shareholders for participating in the capital issue scheduled for June. The plan aims to attract as many existing and new...
15/05/2012
Former Central Bank Governor, Athanasios Orphanides stated on Monday that what former Laiki Bank Chairman, Andreas Vgenopoulos said about him is a slander. At the same time, he stressed that he...
07/05/2012
Former Laiki Bank Chairman, Andreas Vgenopoulos criticized strongly on Friday former Central Bank Governor, Athanasios Orphanides and DISY Vice President, Averof Neophytou. Speaking in the...
04/05/2012
Cyprus Popular Bank is expected to announce its final results for 2011 on April 30, 2012. According to the announcement, its Board of Directors will meet on Monday, 30 April 2012 to examine, among...
20/04/2012