Eurobank generates €24.1m profit in H1
Eurobank Cyprus Ltd, the Cypriot subsidiary of Greece’s Eurobank, generated an after-tax profit of €24.1m in the first half of the year compared to a...
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Eurobank, Banco Santander present Trade Club Alliance initiative
By Stelios Orphanides Greece’s Eurobank and its subsidiary Eurobank Cyprus aspire to help their corporate customers in exploiting export opportunities by participating in the Trade...
Eurobank Cyprus sees H1 net profit at €23.5m
Eurobank Cyprus Ltd, the subsidiary of Greece’s Eurobank, said that that it generated an after-tax profit of €23.5m in the first six months of the...
Eurobank warns Cypriot government of reform complacency
Eurobank Cyprus warned that reform complacency may result in Cyprus missing out on further sovereign rating upgrades, after entering “a virtuous circle” following steps to...
Eurobank Cyprus posts €20.1m in net profits in H1
Eurobank Cyprus Ltd said that it generated an after-tax profit of €20.1m in the first half of the year, compared to a profit of €39.1m...
Eurobank Cyprus posts €7.8m in Q1 net profit
Eurobank Cyprus Ltd, a subsidiary of Greece’s Eurobank, said that it generated in January to March an after tax profit of €7.8m after posting a...
Bank uncovers $74m trail in email fraud
CYPRUS-based Eurobank has identified a huge email scam, saving a US company $74m (€65m), it emerged on Friday. The fraud caused the American firm to...
Greece stocks open higher, some banks rebound
By George Georgiopoulos Greece’s stock market rebounded on Thursday after three days of losses and some bank stocks put in gains after the sector crashed...
Greece’s Eurobank to buy Alpha Bank branches in Bulgaria (Updated)
Eurobank will buy the loss-making Bulgarian branch network of fellow Greek lender Alpha Bank for the nominal sum of 1 euro and the boards of...
EBRD will help minimise Greek impact on Cyprus
The European Bank for Reconstruction and Development (EBRD) will do its best to minimise any impact on Cyprus from the Greek crisis, a senior official...
Greek bank subsidiaries ‘ringfenced’ and safe, says CBC
By George Psyllides GREEK bank subsidiaries in Cyprus are ring-fenced and face no risks from the instability in Greece, a senior Central Bank (CBC) official...
Healthy profit for Eurobank
EUROBANK in Cyprus made a profit of €13.2 million after taxes during the first half of this year it announced on Wednesday. “Eurobank Cyprus retained...