The Cypriot economy will grow by 3.5% in 2017, followed by a 3.2% growth in the country’s economic output, Hellenic Bank said in its economic review issued today. “Growth is becoming more vigorous...
The Hellenic Bank and the European Investment Bank (EIB) signed on Monday, in Nicosia, an agreement for the amount of €66.7 million, which will in turn be used as loans granted to small and medium...
14/03/2017
Hellenic Bank assesses that Cyprus' macroeconomic outlook is positive and is accompanied by a significant increase in real gross domestic product in 2016, the reduction in unemployment and further...
02/03/2017
The Hellenic Bank has announced that it has joined forces with APS Holdings, a specialised debt servicing firm, aiming to further boost the management of its real estate and non-performing loans...
11/01/2017
Hellenic Bank appointed Ioannis Matsis as Group Chief Executive Officer of the Group, replacing Bert Pijls who is stepping down due to personal and family reasons. According to a press release...
16/12/2016
Moody`s Investors Service, has Wednesday upgraded Bank of Cyprus Public Company Limited`s (BoC) long-term local and foreign currency deposit ratings to Caa2 from Caa3 and Hellenic Bank Public Company...
Hellenic Bank was profitable for the third consecutive quarter during 2016, reporting a profit from continuing operations of €5 for the nine-month period ended 30 September 2016, compared to €1,9...
29/11/2016
Hellenic Bank announced a modest net profit of €1.1 million for the six months of 2016 ending in 30 June 2016, building on recurring operational profit and reduced non performing exposures (NPEs)...
31/08/2016
The Cyprus Central Bank has imposed a fine of €1,145,000 on Hellenic Bank for omissions and/or weaknesses identified during an on site inspection in September 2014 regarding previous years and in...
18/07/2016
Moody's Investors Service, ("Moody's") has yesterday changed the outlook to positive from stable on Bank of Cyprus Public Company Limited's (BoC) Caa3 long-term deposit ratings and Hellenic Bank...