The Cyprus Securities and Exchange Commission approved the publication of the Public Takeover Document for the acquisition of up to 100% of the issued share capital of USB Bank Plc. According to...
The results of USB Bank for the first half of 2011 are expected to be lower than those of the corresponding period of 2010. According to the announcement, this is mostly due to the provision for...
The acquisition of the shares of Renos Hadjiioannou Farm falls under the Court’s decision to reduce part of the Group’s debt to USB Bank, which is confirmed with court decisions. Yesterday, it was...
USB Bank will proceed with a share capital increase of €12.1 million in order to boost its capital base. According to an announcement released today, “the strategic decision for the issue is for...
The Central Bank of Cyprus filed a legal action against Ioanna Christofi – wife of businessman Lambros Christofi – for acquiring more than 10% in USB Bank without its prior written approval. The...
Lebanese bank, BLC Bank, announced its decision on Tuesday to submit a public offer for the acquisition of the total shares and convertible bonds 2010/2020 of USB Bank, after securing the relevant...
The stake of BLC Bank in Universal Savings Bank might reach 73% via the public offer, the Cypriot bank announced on Thursday. Further to the announcement released yesterday for the acquisition of 9....
A 9.90% of the share capital of USB Bank fell into the hands of new shareholders, after intense deliberations in the past few months. As it was announced today, the Lebanese bank BLC Bank Sal bought...
The results of USB Bank are expected to be lower for the first half of 2010. According to an announcement released today, “the results for the first half of 2010 will be lower than those of the...
Kyriakos Kyriakides handed in his resignation from his position as CEO of USB Bank. According to an announcement released today, the Board of Directors accepted his resignation with effect from 1/7/...