Hellenic Bank
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...
Bank of Cyprus closes accounts of Russian clients – Forbes
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...
Wargaming sells holding in Hellenic Bank
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...
Hellenic Bank completes Project Starlight, reduces NPE ratio to 3.6 per cent
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...
Hellenic Bank posts €24.2 mln profit; CEO Oliver Gatzke pleased with progress
Hellenic Bank on Wednesday released its financial results for 2022, posting a full-year profit of €24.2 million, marking a rise of 307 per cent year-on-year....
Greek Eurobank further increases its stake in Hellenic Bank
Greek lender Eurobank Ergasias on Friday announced a new acquisition of shares in Hellenic Bank, further increasing its stake in Cyprus’ second largest lender. Eurobank...
Improving customer experience crucial to banking sector success
Chief Banking Officer at Hellenic Bank Phivos Stasopoulos on Friday addressed the tenth Banking Forum and Fintech Expo, touching on a number of issues, including...
Our View: Islands’ two main banks finally have clean bill of health
Greece’s Eurobank has doubled its shareholding in Hellenic Bank it was announced on Thursday. It acquired 12.6 per cent of Hellenic in 2021 adding another...
450 to leave Hellenic Bank, at cost of €70 million
Hellenic Bank announced on Tuesday that approximately 450 people have been approved to leave as part of the ‘milestone’ voluntary retirement scheme, which will cost...
Hellenic agrees to reimburse former co-op employees
Hellenic Bank announced on Wednesday that it will raise the wages of former Co-op bank employees who work for them, following a 2014 cut, which...