The administrator and former board member of Laiki Bank Chris Pavlou is under the Securities and Exchanges Commission’s microscope because of a failure to announce publicly or an inadequate...
Laiki Bank’s administrator Chris Pavlou, proceeds to offers for the sale of the bank’s subsidiaries in Russia and Ukraine within the next few days, aiming to collect the largest amount possible for...
23/10/2015
Support for the Bank of Cyprus through extraordinary liquidity recorded a new decline in August, amid an ongoing stabilization of its deposit base. According to the latest balance sheet of the Bank...
The administrator of Laiki Bank is racing against time for the sale of the bank’s assets within the next ninety days, before the single resolution mechanism takes over in early 2016. In his...
Investment Bank of Greece announced on Friday the launching of a tender process for the sale of Cyprus Popular Bank`s (CPB) participation in Marfin Bank Romania S.A. IBG is the financial adviser to...
02/10/2015
The Cypriot state bank, former Laiki filed a lawsuit to the International Court of Arbitration in Washington against the Greek government, claiming an amount of more than € 4 bn. Adonis...
02/10/2015
Thirty months after Laiki Bank’s bail-in and the Cypriot authorities’ failure to act, the newly launched EU resolution mechanism takes up the sale of the bank’s assets from 2016. The report of the...
28/09/2015
The legal department does not remain idle in relation to the case of the collapse of the Cypriot economy which is under investigation and the complaints against former president of Laiki Bank Andreas...
22/09/2015
Government intervention to the banking sector in Cyprus resulted in irreversible losses, amounting to 10.5% of the island`s GDP, a European Central Bank report says, describing the Cypriot case as...
17/09/2015
The possibility of arresting the former President of Laiki Bank Andreas Vgenopoulos and former CEO Efthimios Bouloutas, is included in the scenarios considered by the Legal Service. The two former...
09/09/2015