Saving co-op might have been less of a tax burden says CBC chief
Though on the brink of collapse, the co-operative bank might well have been salvaged had the state thrown more money at it at the right...
CCB
Ex Co-op execs say probe panelist had conflict of interest
THREE former senior officials with the Cyprus Cooperative Bank (CCB) are taking legal action seeking to have the entire investigation into the bank’s demise declared...
Tales from the Coffeeshop: Was the collapse of the Co-op a conspiracy theory?
WAS THE collapse of the Cooperative Central Bank (CCB) a well-plotted conspiracy aimed at boosting the size of Hellenic Bank? This is what a skettos-drinker...
Our View: Finance Minister’s CCB role deals his reputation a blow
Finance minister Harris Georgiades has not exactly improved his standing with his handling of the Cyprus Cooperative Bank, which was under his authority for the...
Altamira deal signed “at gunpoint” former Co-op non-exec says
Former Co-op board member Adonis Pegasiou on Tuesday told an investigative committee that the bank’s decision to enter an agreement with Spain’s Altamira was taken...
Co-op deducts €2 million in interest calculation error
The Cyprus Cooperative Bank (CCB) has made adjustments to some clients’ accounts, extracting funds from them in order to ‘correct’ an earlier accounting mistake. The...
Our View: The Co-op show unlikely to reveal anyone to blame
It’s show-time folks. These should be the first words spoken every time the authorities announce there will be an investigation into something that went badly...
Our View: ‘Banking with human face’ brought down Co-op, not government
All the political parties have been shedding tears for the Cyprus Co-operative Bank since the government finalised its dissolution and the ‘sale’ of its allegedly...
Sale of Co-op operations not state aid, EU Commission says
The European Commission said on Tuesday it approved the government’s decision to inject additional public funds into the Cyprus Cooperative Bank and the sale of...
Government stresses need to solve problem of NPLs
Government Spokesman Prodromos Prodromou stressed the need for a solution to the problem of Non-Performing Loans in Cyprus on Sunday. He was replying to questions...
