Mortgage-to-rent scheme planned to help vulnerable borrowers
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...
co-op
Police to probe 24 cases related to former co-op brass and staff
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...
Kedipes likely to operate as ‘bad bank’ for NPLs next year
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...
Kato Polemidia and Famagusta council in emotional tussle over old co-op building (Updated)
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...
PEPs with bad debts at former co-op published
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...
MPs to decide next month whether to publish co-op PEP list
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...
Government spokesman denies link to Altamira deal
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...
Audit boss says state’s deal with Altamira a ‘major scandal’
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...
Disy MPs walk out of House bad loans meeting (Updated)
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...
Window closing fast for civil lawsuits in co-op demise
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...
