In view of the three-way merger with Marfin Popular Bank and Egnatia Bank, Laiki Group proceeded to certain changes in its organic structure. Further to an older decision of the Board of Directors...
The Central Bank of Cyprus announced on Wednesday that it gave the green light for the opening of Marfin Popular Bank, approving the application of Laiki Group to acquire – via the Public Offers –...
The latest developments on the dispute between Kikis Lazarides and Andreas Vgenopoulos are “too much for nothing”. According to Central Bank Governor, Christodoulos Christodoulou, the allegations...
The Commission for the Protection of Competition ascertained that the consolidation of Popular Bank, Marfin Financial Group and Egnatia Bank is in line with the relevant law. CPC Chairman, Giorgos...
The strong results of Popular Bank in the first nine months of 2006 led UBS to revise upward its estimates for the course of the bank’s share. In a report released on Friday, the Swiss bank...
The consolidation of Laiki Bank, Marfin Financial Group and Egnatia Bank do not violate the rules of competition in the Greek market, the Greek Commission for the Protection of Competition decided on...
The latest developments in Laiki Group are seen positively by the bank’s staff, which applauded the actions of the new management. 76% of the staff stated that the new management inspires confidence...
The nine-month results of Popular Bank to be released on Tuesday, are expected to show significant improvement. Its net profits after tax will show an increase of 84.7% to £58 million against £31.4...
The bonus of €5 million that will be granted to 2,500 Laiki employees will not affect the financial results of the Group since this is a financial contribution of Marfin. According to StockWatch...
In an announcement released today, the Board of Directors of Marfin Financial Group evaluated the Public Offer of Popular Bank to its shareholders as positive, taking into account the Merrill Lynch...