Bank of Cyprus
The Bank of Cyprus on Monday reported robust financial results for the nine months ending September 30, 2023, posting an after-tax profit of €349 million,...
Another case against 2013 haircut dismissed
The District Court of Famagusta rejected another citizen lawsuit against the state for losses incurred through the 2013 haircut on bank deposits. According to a...
Two Cypriot banks have credit ratings upgraded
Two Cypriot banks, the Bank of Cyprus and the Hellenic Bank, had their credit ratings upgraded by investment service Moody’s on Monday. Both had their...
Police examining CCTV footage after Limassol bank shooting
CCTV footage from the area surrounding the bank in Limassol where shots were fired on Monday is “under the microscope” of Limassol police. Police say...
Our View: Cyprus banks bounce back after ten years of uncertainty
After more than a decade of uncertainty, Cyprus’ two systemic banks, Bank of Cyprus and Hellenic Bank have made a full return to healthy profitability,...
Court dismisses latest 2013 haircut crisis claims
The District Court of Nicosia dismissed a case brought against the Bank of Cyprus, the Central Bank and the Republic of Cyprus for the haircut...
Bank workers union claims victory over travel expenses
Bank employees union Etyk on Tuesday said that after an arbitration process through the ministry of labour it has ensured that Bank of Cyprus staff...
Those who sued central bank over 2013 crisis could have legal fees slashed
Individuals or entities who sued the Central Bank of Cyprus (CBC) over bonds linked to Bank of Cyprus or former Laiki bank relating to the...
Court dismisses depositors’ case against Bank of Cyprus
The Nicosia District Court threw out a case on Wednesday brought against the Bank of Cyprus for the haircut on depositors’ savings in 2013, an...
Bank of Cyprus waits for SSM approval to lower mortgage rates
The Bank of Cyprus has prepared a proposal aimed at reducing lending rates, which has been submitted to the Central Bank of Cyprus, according to...