#co-op

Police have identified some cases where potential criminal offences may have been committed in the granting of loans by the now-defunct cooperative bank, plus other cases involving suspect loan write-offs, ...

The residual entities of the now-defunct Cyprus Cooperative Bank (CCB) have signed a deal involving the transfer of the former lender’s assets. In a statement, Kedipes (Cyprus Asset Management ...

The government will formally seek approval from the European Commission later this year to transform the successor entity to the failed co-op bank into an asset management company. In parliament ...

The finance ministry has conveyed to police 24 cases to investigate in relation with former co-op bank brass and staff, the House watchdog committee heard on Thursday, with the force expecting ...

The European Commission is expected to grant state-owned asset management company Kedipes the necessary approval to operate as a bad bank during the second half of next year, the Cyprus ...

Kato Polemidia municipal councillors in Limassol on Wednesday broke into and took over an old co-op bank in protest against a government decision to give the building to the Famagusta ...

Parliament on Monday published a list of the names of politically exposed persons (PEPs) with bad debts at the former co-op bank, which includes mostly former MPs but also a ...

Parliament will decide during one of its next sessions, possibly next month, on whether to publish a list with the names of politically exposed persons (PEPs) with bad debts at ...

Government spokesman Kyriacos Koushos denied on Friday that the law firm he was a partner in had drafted the agreement to hand over the management of over €7bn in bad ...

In 2017 the now-defunct cooperative bank – run by the state at the time – signed a no-bid contract with asset management outfit Altamira by which the latter would manage the lender’s €7 ...

A House watchdog committee meeting scheduled to discuss the demise of the co-op bank on Thursday was marked by ruling Disy MPs walking out citing conflict of interest and the ...

Lawmakers heard Thursday that the window was fast closing for the filing of civil lawsuits over the demise of the co-operative bank, while the police said their criminal probe into ...

Fulfilling a long-standing request by Dherynia Municipality, four buildings that belonged to the now defunct co-op have been renovated to be used by the town’s residents. In a statement ...