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...
12/05/2008
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...
02/04/2008
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...
20/03/2008
Fitch Ratings drew the government’s attention to the settlement of the pension system in view of the ageing population. In its report, which confirms the existing ratings of the Cyprus economy,...
11/03/2008
Citigroup cut the TP of Bank of Cyprus, Marfin Popular Bank and Hellenic Bank as well as the TP of the Greek banks, despite the positive forecasts for the future and the profitability of the sector...
Analysts expect that Alpha Bank’s profits will increase in 2007. According to a Reuters poll of 8 analysts, “Alpha Bank is expected to post a 52.3% rise in 2007 group net profit to €840.6 million...
25/02/2008