International Credit Rating Firm, Fitch, sees positively a possible merger between Marfin Popular Bank and Piraeus Bank. In its latest report, Fitch analyst, Christina Torrela supports that “a...
In its latest report for Cyprus, the Economist Intelligence Unit (EIU) revised up its estimates for growth in 2006 from 3.5% to 3.8%. Growth will slow to 3.6% in 2007 and will rise to 3.8% in 2008...
11/12/2006
International Credit Rating Firm, Moody’s changed the outlook of Bank of Cyprus and Hellenic Bank to positive and stable respectively. Specifically, Moody’s Investors Service has changed to positive...
In its latest report for Bank of Cyprus, Deutsche Bank maintained the bank’s target price at £5.70. “We are forecasting quarterly net profit of CYP 39 m, up 106% YoY”, it reported. According to...
27/10/2006
In a report released last week, the international credit rating firm, Fitch Ratings, revised upwards the Country Ceilings for 40 countries including Cyprus. The Fitch analysts revised Cyprus’...
21/08/2006
In its latest report for Cyprus, the Economist Intelligence Unit (EIU) supports that if hostilities in Israel and Lebanon continue for a long period it would result in a higher import bill from...
10/08/2006
The international credit rating firm, Fitch, decided on Friday to change the outlook of Bank of Cyprus to stable from negative, after the latter’s decision to withdraw its bid offer for the...
21/07/2006
The preference of Swiss bank UBS for the BOC share has remained strong. According to the UBS analysts on the European and international banking sector, “although market volatility could persist in...
02/06/2006
After the sharp increase in the profitability of the Bank of Cyprus Group in the first quarter of 2006, the international credit rating firms upgraded the bank’s share. UBS: BOC share at £7.2...
16/05/2006
The Bank of Cyprus in the Athens Stock Exchange and Emporiki Bank are among the top picks of the investing firm UBS for 2006, while Mitilinaios has margins for positive developments, since the price...
20/01/2006