The Nicosia District Court issued preliminary orders for the freezing of assets against Vgenopoulos and Bouloutas for the total sum of €3.79 billion and for Mr. Magiras of €1.5 billion. The issue...
The sale of activities of the Cypriot banks in Greece was a product of political decisions, Central Bank Governor stated today, stressing that the price was satisfactory. Under the weight of...
28/05/2013
The Central Bank of Cyprus announced on Tuesday the appointment of Christos Sorotos as interim CEO of Bank of Cyprus, after consultation with the Ministry of Finance, putting an end to the recruiting...
28/05/2013
The legal service argued today that the draft law for the restructuring of the Board of Directors of the Central Bank does not stumble at the constitution. A representative of the service told the...
27/05/2013
Representatives of the creditors are making the first assessments after Eurogroup’s decisions, identifying delays in normalizing the situation in Bank of Cyprus and urging slowly but steadily to...
23/05/2013
Two of the four persons destined for the position of the CEO in Bank of Cyprus will be selected this afternoon. The selection will be made by the nominations committee of the Board and the names...
21/05/2013
CEO and Chairman of VTB Bank, Andrey Kostin, in his interview to CNBC, said that if the situation in Cyprus is normalized, the Russian customers may stay. For the Eurogroup decision, he said it was...
21/05/2013
Hellenic Bank is expected to announce its three-month results on May 31. According to the announcement, its Board of Directors will meet on Friday, May 31, 2013 to examine the results for the...
21/05/2013
The sale of branches of the three Cypriot banks was very profitable for Piraeus Bank, according to an announcement of the Greek bank that raises questions about the handlings of the Cypriot...
21/05/2013
The list of foreign banks exempted from capital controls for their clients with international business increased from 4 to 12. The ministry of finance issued today a new decree for foreign banks...
17/05/2013