CBC chief tells bankers to exhaust all options with NPLs
CENTRAL Bank of Cyprus (CBC) governor Constandinos Herodotou on Thursday met with the chief officers of banks licensed in Cyprus, mainly discussing lenders’ approach to...
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Constantinos Herodotou
Banks need to speed up due diligence, CBC governor says
New Central Bank Governor Constantinos Herodotou, has called on Cypriot banks to invest in technology and staff training to speed up due diligence checks on...
Cyprus mulls early repayment of Russian loan
Cyprus is considering an early repayment of part of a €2.5bn loan it obtained from Russia during the financial crisis, as its funding costs decline,...
Our View: Will Herodotou be the governor to break tradition of bad appointments?
The new Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou was sworn in on Tuesday. We hope that Herodotou will end the depressingly...
Cabinet appoints Herodotou, Evagorou at CBC, Maratheftis at CyBC
The council of ministers decided on Wednesday to appoint privatisation commissioner Constantinos Herodotou as executive director of the Central Bank of Cyprus, the press and...
Privatisation budget cut by parliament a ‘costly, outdated’ practice
PARLIAMENT’S decision to vote down the funds earmarked for consultancy services by the government’s privatisation unit on Wednesday is a costly and outdated practice that may...
Privatisation programme to go full steam ahead in 2015
By Angelos Anastasiou The privatisation of several state and semi-state organisations, including the Cyprus Telecommunications Authority (CyTA), is scheduled to take place in 2015, according...
AKEL will vote against privatisation bills
AKEL said on Thursday it would vote against any bills that aimed at privatising telecommunications authority CyTA. Speaking after a meeting with the Commissioner for...
Privatisations commissioner selected
THE government yesterday formally informed parliament of its selection of a commissioner for privatisations. The government’s choice for the job is Constantinos Herodotou, a graduate...
