Two open labor fronts will determine the effectiveness of ETYK’s tactics and the banking administrations’ readiness –and in the case of the cooperative, the government’s readiness - to change well...
The list of employees who have accepted the Hellenic bank's early retirement plan has now been finalised. According to the bank, the number of interested employees reached 34 and based on the...
The Hellenic bank has signed an agreement with the Archbishopric and the Kykkos monastery for the exchange of debt with assets within the framework of the restructuring of their credit facilities....
The tens of thousands of euros that Hellenic bank is offering to its employees in order to lure them to accept early retirement do not seem to convince them so far. Just a few days before the...
Supervisors of Cypriot banks express their discontent as regards the way they are handling communication about the results of the European diagnostic controls. Technocrats of the single supervisory...
The current year proves to be yet another period of significant changes in relation to the banks' domestic deposits with market leaders strengthening their position. After the substantial changes...
The Cypriot banking sector remains large according to a report on the dynamics of the banking sector by the auditors of the Bank of Cyprus. As the report of EY notes, despite the overall progress...
Third Point, one of Hellenic bank's major shareholders bought on Friday 1,8 mn shares of the bank through its associated company Third Point Recovery Fund L.P. According to the announcement made...
The Hellenic Bank announced profit of €6,1 mn for the first nine months of 2015 against losses of €124,8 mn in the corresponding period of 2014. Profit is mainly attributable to the sharp reduction...
The process of evaluating loan portfolios by the European Central Bank changes the setting in the domestic banking sector, squeezing the capital cushion that banks had at their disposal to fuel...