The improvement in the Bank of Cyprus and the Cyprus Popular Bank results did not dissuade Moody’s from placing BOC on review and downgrading CPB. BOC on review Despite the fact that the Bank of...
Cyprus’ three largest banks BOC – CPB – HB are considering accepting the bill of indictment of the Competition Protection Committee on a banking cartel among the three, StockWatch sources revealed on...
Laiki Group issued on Friday a positive Profit Warning for the first quarter results of 2004. According to StockWatch sources, the Cyprus Popular Bank expects improvement in the first quarter...
The Cyprus-based six smaller banks (Alpha Bank, Arab Bank, Universal, the National Bank of Greece, the Commercial Bank of Greece and the Cooperative Central Bank) were found innocent by the...
The net profits of the Popular Bank for the first half of 2003 have showed a small increase of 4.4% compared to the corresponding period of 2002. The increased debts offset the bad debts and the...
A total 454 employees of the Popular Bank and the Bank of Cyprus have gained a promotion recently, while fifty employees of the Hellenic Bank are expected to win one by next week. General Secretary...
Relations between the shareholders and company directors seem to have entered a new phase in recent weeks. After the criticisms voiced by the BOC shareholders last week, Laiki shareholders took...
Cyprus’ three largest Banks are ready to “fight” so that each one obtains the largest share in Mutual Funds, the introduction of which will change radically the prevailing situation in the Cyprus...
The Board of Directors of Laiki Investments Ltd met on the 1 March 2002 and approved the preliminary financial results of the Company for 2001, which have not been fully audited by the external...
Moody's Investors Service announced that it has concluded the review of the Cypriot banks and downgraded the financial strength rating (FSR) of Bank of Cyprus and Cyprus Popular Bank to C- from C and...