Cypriot economy to grow by 3.5% Hellenic Bank says

Cypriot economy to grow by 3.5% Hellenic Bank says

“Growth is becoming more vigorous and broad-based, contributing to employment growth and the reduction of unemployment, though still remaining high,” the bank said, adding that public finances hav [...]

Χούρικαν: Αρχίσαμε να χάνουμε την υπομονή μας με τους στρατηγικούς κακοπληρωτές [vid]

Η Τράπεζα Κύπρου, τέσσερα και πλέον χρόνια μετά την κρίση του 2013 άρχισε να χάνει την υπομονή της με όσους στρα [...]

Cyprus upgraded by Moody's

Moody`s rating agency has upgraded government bond ratings of Cyprus by one notch, to Ba3 from B1, a move Nicosia has welcomed. Moody's maintained a positive outlook and said the short-term ratings ha [...]

Moody's: BOCH must sell NPLs to reduce them to 20%

Bank of Cyprus' continued recovery after a bailout four years ago will depend on the bank's ability to significantly clean-up its loan book from legacy bad loans, according to Moody’s Rating Agency. [...]

COOP shares to trade at 10 cents

The shares of the Cooperative Cyprus Bank will start trading at the Cyprus Stock Exchange at 10 cents per share, after the external consultants of the Bank evaluated it at around 600 million euro. On [...]

CIPA promotes Cyprus in London

The opportunities offered by Cyprus in the sectors of financial services, shipping, energy, ICT and innovation were explored during an event organized in London by Cyprus Investment Promotion Agency a [...]

Moody’s expects real estate recovery

Cypriot banks will benefit from improved construction activity and the expected recovery in demand for new properties, according to Moody's. Last Thursday, the Statistical Service of Cyprus released [...]

New legislation for housing loans

New legislation was put into force in May regarding the granting of housing loans to consumers, bringing Cyprus in line with an EU Directive, introducing a number of regulations and obligations upon c [...]

Moody's upgraded BOCH

Moody`s Investors` Service has upgraded Bank of Cyprus Public Company Limited`s (BoC`s) long-term local and foreign currency deposit ratings to Caa1 from Caa2 and its Provisional Senior Unsecured EMTN [...]

Cyprus issues €850-million bond

Cyprus issued on Tuesday a 7-year EMTN bond amounting to 850 million euros, according to a lead managers press release. The coupon was set to 2.7% and the yield to 2.8%, the release added. Total bid [...]

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