Alpha Bank announces deal to buy out AstroBank
Alpha Bank on Thursday announced a binding agreement to acquire the total assets and liabilities of AstroBank Public Company Ltd for €205 million, a move strengthening its presence in the Cypriot ...
Astrobank looking to buy out CDB Bank – reports
Astrobank is looking to buy out CDB Bank as it branches out into acquisitions and mergers within Cyprus’ banking sector, it was reported on Saturday.
The Cyprus News Agency cited ...
AstroBank raises deposit interest rates
Cypriot lender AstroBank on Monday announced that it has raised its deposit rates, describing the move as a response to the needs of its clientele and the Cypriot economy in ...
AstroBank posts €21.7 million profit for 2022
AstroBank on Wednesday released its annual results for 2022, reporting strong profitability for the year, with net income reaching €12.2 million, and consequently increasing common shareholders’ equity to €203.7 million.
According to ...
AstroBank becomes full owner of NPL service company
AstroBank announced on Wednesday the acquisition of QQuant Master Servicer Cyprus Limited, an independent servicer of non-performing loans.
The two parties have agreed that AstroBank, which owned 25.1 per cent in ...
AstroBank bounces back to profitability
Cyprus-licensed bank AstroBank on Wednesday announced that it recorded an after-tax profit of €3.3 million in 2021, a notable improvement on the €18 million loss it sustained in 2020.
Moreover, the bank recorded a ...
Astro Bank fined €6,000 over ads
The consumer protection service said on Thursday it fined Astro Bank €6,000 for omitting to provide the necessary information in advertisements about its personal loans and credit cards that could help ...