Performance of Cyprus banks disappointing since 2015
Bankers failed to make use of idle cash and help create a healthy, equitable economy The activities and performance of Cyprus banks during the Anastasiades...
banks
Our View: Islands’ two main banks finally have clean bill of health
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...
CBC oversaw return of deposits in Lebanese bank branches
The return of deposits to those affected by the closure of Lebanese bank branches on the island in recent months was carried out in a...
Cypriots have low confidence in financial advice from bank officials
Cypriots have low confidence in bank officials when it comes to their advice on making financial decisions, while about one-third claim their basic rights had...
Fitch affirms Cyprus’ at BBB- with stable outlook but some risks
Fitch Ratings has affirmed Cyprus’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook saying the rating was underpinned by governance indicators...
Bank holdups snowball in Lebanon as depositors demand their own money
Five Lebanese banks were held up by depositors seeking access to their own money frozen in the banking system on Friday, in a spiralling spate...
Everyone knows profiteering is criminal
And the courts can do something about it Greed is the unacceptable face of capitalism, and profiteering in times of pestilence and war a...
Debt restructurings slow down in 2022 following a record year
By Gregoris Savva Debt restructurings in Cyprus declined to €545 million in the first half of 2022, with loan renegotiations slowing down following a record...
Pissouri homeowners plead with MPs
Residents of Pissouri on Thursday pleaded with MPs to help with mounting problems as a result of continuing landslides in the area, including the banks...
House unanimously passes law to fast-track part of lost Laiki deposits
By unanimous vote, the House on Thursday passed legislation aiming to fast-track the return of at least part of the moneys that legacy Laiki’s depositors...
