In their latest report, PricewaterhouseCoopers revised negatively their forecasts for the growth of the Cypriot economy. According to PwC, the Cypriot economy is expected to maintain a growth rate...
Bank of Cyprus, Marfin Popular Bank, Piraeus Bank and National Bank are among KBW’s top picks but the firm lowered their TPs. In its report dated July 7, KBW upgraded the European banking sector...
In its report dated July 4, 2008, Citigroup said that Greek and Cypriot banks stocks declined 36%, while European bank stocks declined 33% over the same period. “We believe the fundamentals of Greek...
Commenting on Bank of Cyprus’ Q1 results for 2008, the analysts focused on the net income from interests and the drop in costs. They support that the first quarter is weak but they see positive...
The net profits of the three biggest Cypriot banks in the first quarter of 2008 are expected to reach €251 million, according to Citigroup. In its recent report under the title “Big Hellenic Picture...
International Credit Rating Firm, Fitch Ratings, believes that the prospects of the Cypriot banks in 2008 are good, despite the challenges from the international market crisis. In a report released...
In its report on the outlook of the European Banks in the second quarter of 2008, Keefe Bruyette & Woods (KBW) includes Marfin Popular Bank among its top picks. The top picks also include...
A two-member delegation of the international credit rating firm, Standard and Poor’s, had contacts on Wednesday with the Finance Minister, Charilaos Stavrakis and other Ministry’s officials. The...
In its latest report for Cyprus, international credit rating firm Moody’s warned that a diversification from the fiscal targets will lead to a lower Cyprus’s rating. “Although significant progress...