The six Cyprus-based banks (Alpha Bank, Commercial Bank, National Bank of Greece (Cyprus), Universal Bank, Arab Bank and Cooperative Central Bank), which appeared before the Competition Protection...
The net profits of the Popular Bank for the first half of 2003 have showed a small increase of 4.4% compared to the corresponding period of 2002. The increased debts offset the bad debts and the...
26/08/2003
The Employers and Industrialists Federation (OEB) demanded from the Finance Minister on Thursday the reduction of the admission scale in the public sector to deal with the fiscal deficit, which is “...
14/08/2003
“The Cyprus banking system never needed a state support”, the Central Bank announced on Thursday, expressing its discontent on Moody’s recent decision to downgrade the Bank of Cyprus, the Popular...
06/08/2003
The Cyprus Central Bank has announced the lifting of certain exchange restrictions, in the context of the preplanned gradual lifting of all restrictions by Cyprus' accession to the European Union in...
04/08/2003
General Economic Manager of the Bank of Cyprus, Yiannis Kypri told StockWatch on Thursday that the investigation on the unsuccessful investment of the Bank of Cyprus in the Greek IT company Zachs (...
17/07/2003
BOC Ventures Ltd is officially an inactive company, after the recent fiasco with the Greek company Zachs and the BOC Board of Directors’ decision in late 2002, sources told StockWatch on Monday. BOC...
14/07/2003
A total 454 employees of the Popular Bank and the Bank of Cyprus have gained a promotion recently, while fifty employees of the Hellenic Bank are expected to win one by next week. General Secretary...
Chairman of CYTA’s outgoing Board, Stathis Papadakis said on Tuesday that the Telecommunications Authority is ready to implement its vision, but needs autonomy and flexibility, which only the state...
08/07/2003
The strike measures on behalf of the gas station owners are indefensible, said the Cyprus government on Wednesday, urging them to expect the outcome of the conciliatory effort, which is currently in...
25/06/2003