Citigroup is positive for the Cypriot banks. After its meeting this week with senior executives at the Cypriot banks, real estate developers and the Church, Citigroup supports that the environment...
Hellenic Bank will expand its operations in Russia. According to an announcement released on Tuesday, the bank has received the consent of the Central Bank of Cyprus, to prepare and submit to the...
04/09/2007
In a report released on 30/7/2007, Citigroup evaluated positively the Greek and Cypriot banks, stressing that “the region is supported by healthy economic trends and strong volume growth”. Among the...
Hellenic Bank expects significant improvement in the results for the second quarter of the year. According to an announcement released on Wednesday, “on the basis of preliminary indications, it is...
01/08/2007
According to data collected by StockWatch, the share composition of Cyprus’s third largest bank, Hellenic Bank, has changed rapidly in the past four months, giving profits of up to 70% to all those...
25/07/2007
Citigroup reiterated the Buy rating on Bank of Cyprus and increased its target price to €17 from €16. The higher evaluation reflects increased EPS estimates: +4% (2008E-10E). The new TP is also...
According to official Central Bank data for the first four months of 2007, Bank of Cyprus and Marfin Popular Bank saw their shares in their loan market increasing by 0.7%, while Alpha Bank increased...
In a report released recently, the National Bank of Greece Research Center supports that the good performance of the Cyprus Stock Exchange will continue. According to the report, the CSE soared 126....
Piraeus Bank denied reports that it is in deliberations or negotiations with Hellenic Bank for a possible cooperation. After the alleged statements of a Hellenic Bank official to Bloomberg, Piraeus...
Cyprus’s three largest banks are expected to show impressive profits of €1 billion in 2007. Their managements anticipate that their profits will reach €929 million against €529.7 million in 2006,...