Strong balance sheet, capital adequacy and comfortable liquidity are the main pillars on which we will build growth and change, Irena Georgiadou, chairwoman of the Board of Directors of the Hellenic...
Hellenic Bank posted lower profits in Q1 of 2016, highlighting the volatility of the local economic environment and the challenges that remain ahead. The Bank’s profit for the first quarter of 2016...
Fitch Ratings upgraded on Monday the Bank of Cyprus` Long-Term Issuer Default Rating (IDR) to `B-` from `CCC` and Hellenic Bank`s Long-Term IDR to `B` from `B-`. The rating agency said the outlooks...
The Hellenic Bank has published the most optimistic forecast thus far for the Cyprus economy, projecting a growth of 2% in 2016. The improved macroeconomic outlook is due to moderate pick-up in...
Hellenic Bank Group posted net profit of €13 million for 2015, marking a turnaround from a loss of €118.6 million in 2014. Releasing its audited financial results for 2015, the bank said it posted...
Hellenic bank is expected to announce its preliminary 2015 results on February 26, 2016. According to a bank's announcement, the board will convene on Friday February 26 to examine among other...
The minimum Common Equity Tier 1 ratio for the Hellenic Bank is set at 12%, as the Bank has announced today. According to the bank's announcement, the governing council of the European Central Bank...
Despite the economic recovery, the extremely weak loan quality of bank of Cyprus and Hellenic bank will only gradually improve in 2016, Moody's Investors Service said in a report published today....
The board of Hellenic bank confirmed yesterday the three pillars that form the bank's strategic priorities for 2016. The first pillar concerns the efficient handling of non-performing loans, the...
The church is accelerating the process of restructuring loans of monasteries and metropolises to repay about €190 mn owed mainly to the Hellenic Bank, the Bank of Cyprus and the Cooperative. So far...