Banks ‘unlikely to extend moratorium’ on loan repayments
The possibility of banks extending a moratorium on loan repayment beyond the end of the year is not likely, a senior banker said on Friday....
Hellenic Bank
Hellenic Bank CEO leaves after mutual agreement
The employment contract of Hellenic Bank’s CEO Ioannis Matsis has been terminated immediately through mutual agreement, the bank announced on Tuesday. According to the announcement,...
AstroBank accepts CEO Loizides’ resignation
The Board of Directors of AstroBank Public Company Limited, which convened on Thursday, accepted the resignation for personal reasons of CEO Constantinos Loizides and appointed...
Hellenic Bank launches initiatives to guide customers into online banking
Hellenic Bank announced on Friday the launch of an initiative called ‘Connect Corners’ through which they will try to get customers acquainted with online and...
Elderly struggle with online banking, pensioners’ union says
Elderly people are still struggling to use technology for their banking, Cyprus’ pensioners’ union Ekysy said on Thursday, after Hellenic Bank informed them that mobile...
Hellenic Bank shows small loss in Q1; analysts say outlook is stable for year
With the announcement of first quarter results on Friday, Hellenic Bank revealed the initial effects of the novel coronavirus crisis, showing a slight loss...
46th Annual General Meeting of Shareholders of the Hellenic Bank
At the 46th Annual General Meeting (the “EGS”) of the Shareholders of the Hellenic Bank of the Public Company Ltd (the “Bank”), which took place...
Hellenic Bank CEO outlines strategy to beat crisis at AGM
At the 46th Annual General Meeting of Shareholders on Tuesday, Hellenic Bank Chief Executive Officer Ioannis Matsis outlined the bank’s strategy to overcome the effects...
MPs squabble over 2108 co-op-Hellenic deal
A relatively inconsequential regulation discussed in parliament on Monday served to reignite controversy over a 2018 deal where the state-owned cooperative bank was sold to...
Hellenic announced net profit of €108.4m for 2019
Helllenic Bank has announced a net profit of €108.4m for 2019 and declared its readiness to withstand the current crisis created by the coronavirus pandemic....
Coronavirus: more than 3,000 Hellenic customers switch to online banking
More than 3,000 customers have switched to online banking in recent days, Hellenic Bank said on Thursday, as Cypriots enforced social distancing to stop the...
Coronavirus: Hellenic Bank has simplified process to open accounts
Hellenic Bank on Friday announced it had simplified procedures for the opening of bank accounts and the issuance of debit cards. The bank said that...
Hellenic Bank finalising measures to boost households and businesses
Hellenic Bank said Friday it was finalising a series of measures designed to boost liquidity to support households and businesses so that they could come...
Hellenic to start charging corporate clients interest
Hellenic Bank is to start charging corporate customers interest on their deposits as of March 3, it has emerged. Citing sources at the bank, the...
Hellenic launches tech seminars for customers
Hellenic Bank on Tuesday announced it has launched a series of seminars to brief its customers on the digital services it offers. The bank said...
Hellenic Bank announces €89.4m profit
Hellenic Bank reported after tax profits of €89.4m for the first nine months of 2019 on Monday with the slogan Building a Strong Bank. The...
Fitch reaffirms ratings for BoC and Hellenic
Fitch Ratings on Friday affirmed Bank of Cyprus’ (BoC) Long-Term Issuer Default Rating (IDR) at B- with a positive outlook and viability rating (VR) at...
Hellenic Bank to acquire MetLife share in Hellenic Alico Life
Hellenic Bank has signed a share-purchase agreement with MetLife Services Cyprus Limited for the acquisition of the entire participation interest of MetLife, equal to 27.5%,...
Changes to pay policies in Cyprus’ banks ‘inevitable’, BoC chief says (Updated)
Changes pay policies in the banking sector are unavoidable, and banks will need to engage with the unions on the issue, Bank of Cyprus’ Chief...
Hellenic Bank urges union to enter negotiations as some employees strike
A 24-hour strike over a pay dispute was damaging for the staff itself, Hellenic Bank said on Friday, as their union expressed satisfaction over the...
