#Bank of Cyprus

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, sound fundamentals and positive prospects. ...

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 on deposits during the financial ...

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 are reimbursed the full travel ...

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 2013 financial crisis may be entitled ...

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 announcement said. In their decision, the ...

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 the group’s CEO Panicos ...

The Bank of Cyprus on Tuesday announced that it generated a €95 million after-tax profit for the first quarter of 2023, a significant improvement over the corresponding period of 2022, when it recorded ...

Students at the University of Nicosia are to be granted research scholarships after the institution signed a memorandum of understanding with the Bank of Cyprus. The signing of the memorandum ...

International credit rating agency S&P Global Ratings (S&P) on Wednesday upgraded the Bank of Cyprus and revised its outlook from stable to positive, citing the bank’...

The Bank of Cyprus has begun notifying its clients who are Russian citizens that their accounts will be closed, the Russian edition of Forbes magazine reported on Tuesday. Forbes cited ...

The Bank of Cyprus has once again been recognised as the best bank in Cyprus for 2023 in Private Banking, marking the seventh time the institution has received this accolade, according ...

The Bank of Cyprus released its Pillar 3 Disclosures on Wednesday, April 5, which contained forward-looking statements regarding the group’s future financial condition, performance, and opportunities. The public disclosure requirements of ...

The Bank of Cyprus on Monday released its preliminary financial results for 2022, posting a profit after tax of €71 million for the entire year, marking a considerable increase over the €30 million ...

Some 1,000 former bank employees who opted for early retirement are waiting for the attorney-general to rule on whether they’re also entitled to unemployment benefit, it appeared on Monday. The ...

Panicos Nicolaou’s term in office as Chief Executive Officer (Ceo) of the Bank of Cyprus has been extended for another 4 years. During meetings on Friday, the Boards of Directors ...

With the aim of making culture accessible to all, the Bank of Cyprus Cultural Foundation launches the new multi-sensory project Aisthiseis. The cultural foundation, in full alignment with the Bank ...

Greece’s Eurobank has doubled its shareholding in Hellenic Bank it was announced on Thursday. It acquired 12.6 per cent of Hellenic in 2021 adding another 13.5 per cent of the shares this ...

Parliament’s decision to extend foreclose freezes until January 2023 is “ridiculous” and exposes Cyprus for no reason, Bank of Cyprus group chief executive Panicos Nicolaou said on Friday. “This is ...

Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is not intending to submit a revised offer for the acquisition ...

The founding fathers of the Bank of Cyprus would surely be horrified at the turn of events. “Thrift” and “savings” for little people were the Victorian watchwords in the 1890s. ...

Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is considering its options in terms of submitting a revised offer ...

As the Bank of Cyprus continues efforts to steer customers away from its branches, it on Monday reminded customers they can deposit a cheque themselves using the bank’s app. ...

The Bank of Cyprus on Wednesday released its financial results for the first half of 2022, posting a profit after tax of €50 million, marking a significant improvement over the €1 million loss ...

By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of ...