#Hellenic Bank

Hellenic Bank on Thursday announced that it has entered into exclusive negotiations and a put option with CNP Assurances for the acquisition of its subsidiary CNP Cyprus Insurance Holdings Limited, ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

The Commission for the Protection of Competition (CPC) approved on Friday Eurobank’s bid to acquire Hellenic Bank’s share capital. The decision was taken with a majority vote in ...

As December arrives, so does the festive spirit. To celebrate the season of giving, a heart-warming charity concert will take place this Friday in Nicosia bringing together music enthusiasts and ...

Hellenic Bank on Tuesday announced robust financial results for the first nine months of 2023, posting an after-tax profit of €240.7 million, primarily attributed to increased interest income derived from placements with ...

Many of us will have heard of Hellenic Bank – you’re more than likely to have come across one of its branches at prominent locations in all cities across the ...

The Consumers Association on Monday has issued a statement warning the public about the new increased bank charges expected to be implemented from early 2024. In the statement, the president of ...

Hellenic Bank employees on Monday carried out a three-hour work stoppage starting from 3pm aimed at forcing management to respect collective agreements and labour institutions. The strike was organised by ...

International credit rating agency Fitch Ratings upgraded Hellenic Bank’s long-term credit rating from “BB-“ to “BB+” on Friday. At the same time, the agency also set the bank’s ...

Hellenic Bank employees on Friday announced a three-hour work stoppage slated to take place on Monday. According to the announcement by bank employees’ union (Etyk), the strike will happen from 3...

Hellenic Bank employees announced on Friday they are to stage a three-hour walkout on November 6. The move was announced by employees’ union Etyk, which condemned the “provocative behaviour” of the ...

Cash flows at Kedipes – a state-owned asset management company – during the third quarter of this year were similar to those in the respective quarter of 2022, the outfit said on Tuesday. ...

Two Cypriot banks, the Bank of Cyprus and the Hellenic Bank, had their credit ratings upgraded by investment service Moody’s on Monday. Both had their long-term deposit ratings increased ...

Hellenic Bank announced on Wednesday relief measures for customers with a focus on low-income pensioners and those on minimum income. Key points include an extension to the free single euro ...

Hellenic Bank announced on Wednesday that it posted a profit of €160.2 million during the first half of 2023, a result that underscores the resilience of its business model amidst a challenging ...

After more than a decade of uncertainty, Cyprus’ two systemic banks, Bank of Cyprus and Hellenic Bank have made a full return to healthy profitability, sound fundamentals and positive prospects. ...

IT DID NOT take long for the odious bank employees union Etyk to engage in self-righteous triumphalism, tinged with the familiar xenophobia, over the departure of the Hellenic Bank CEO, “...

Hellenic Bank’s interim chief executive officer, Antonis Rouvas, said he wants to promote changes and handle long-standing issues pending at the bank, such as the collective agreement with staff. ...

The bank also reiterated its complete adherence to sanctions issued by the US, EU and UK Hellenic Bank CEO Oliver Gatzke addressed shareholders, employees and other participants at the bank’...

Hellenic Bank on Friday released its financial results for the first quarter of 2023, posting a profit of €69.7 million, solidifying a robust performance during this period, while the bank’s transformation ...

Hellenic Bank on Thursday released a statement in which it underlined its support for the shipping industry and its people, something which is reflected through its backing of this year’...

The Bank of Cyprus has begun notifying its clients who are Russian citizens that their accounts will be closed, the Russian edition of Forbes magazine reported on Tuesday. Forbes cited ...

Wargaming on Tuesday announced the sale of a 13.4 per cent holding in Hellenic Bank to Eurobank for a consideration of €70m. The company still remains Hellenic Bank’s fourth-largest shareholder, ...

Hellenic Bank this week released a statement announcing the completion of Project Starlight, which refers to the sale of a non-performing exposures (NPE) portfolio, combined with the sale of APS ...