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...
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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...
Bank union insists on strike despite Hellenic granting pay rise (Updated)
Bank workers union Etyk on Thursday accused the Hellenic Bank management of violating the industrial relations code and of refusing to comply with the labour...
JCC strike called off but Hellenic bank’s one will go ahead
Workers at card processing company JCC called off a strike on Wednesday after the management granted them the annual raise and cost of living allowance...
Bank employees’ unions ‘sending clear message’ with strike action (Updated)
Bank employees’ union Etyk intends to send a clear message to the management of Hellenic Bank by staging a work stoppage on Friday, an announcement...
Union calls strike at Hellenic bank
Bank employees’ union Etyk has called a 24-hour strike at Hellenic Bank for next Friday, accusing the company of reneging on prior commitments made to...
Hellenic Bank announces H1 profits of €59.1 million
Hellenic Bank announced after tax profits of €59.1 million for the first six months of 2019, with Chief Executive Officer Ioannis Matsis stressing that the...
