#Hellenic Bank

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 ...

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. In addition, it managed to further de-risk its ...

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 S.A., a subsidiary of “...

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 the challenges facing the banking ...

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 13.5 per cent of the shares this ...

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 the bank €70 million. The plan was ...

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 had carried over when the co-op ...

CEO of Hellenic Bank Oliver Gatzke has been placed on compulsory leave by the board of directors pending an internal investigation into allegations of statements and actions attributed to him. ...

Hellenic Bank CEO Oliver Gatzke on Wednesday said that since first being appointed to the role 15 months ago, the bank has evolved into an organisation with a leaner management structure, ...

Hellenic Bank on Tuesday released its financial results for the first half of 2022, posting a profit of €55.4 million, compared to a profit of €21 million in the corresponding period of 2021. The ...

People using a Hellenic Bank card can now get CashBack from 350 points around the island, the bank said. Customers can claim up to €100 back each time from the specific points, ...

Hellenic Bank recorded an after-tax profit of €25.1 million in the first quarter of 2022 and announced that it has already embarked on a 3-year transformation journey to unleash its potential and ...

‘Standing up to bank employees union will take guts’ Negotiations for the renewal of the collective agreement at Hellenic Bank, which were on hold for seven months, are set to ...

Responding to an urgent appeal from Disy leader Averof Neophytou, bank workers union Etyk on Thursday agreed to suspend – but not entirely call off – strike action at Hellenic Bank on ...

After receiving the go-ahead for ‘dynamic measures’ from the overwhelming majority of its membership, the bank employees’ union Etyk announced a 24-hour warning strike at Hellenic Bank. Etyk’s executive ...

Teachers from 50 eco-schools across the island have participated in a hybrid seminar and were updated on Cyprus’ progress in the UN’s 17 sustainable development goals. An innovative hybrid (live and ...

Staff at Hellenic Bank on Tuesday announced they will go on a 24-hour warning strike next week, warning the measures will be intensified if the bank’s management fails to “...

In their battle against proposed layoffs at Hellenic Bank, the bank employees’ union (Etyk) voted almost unanimously in favour of approving a general strike if and when it is deemed ...

Bank employees’ union Etyk has issued a rallying cry, calling on all its members to show up and vote for strike action to deter Hellenic Bank from going ahead with ...

Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers ...

By Yiannis Seitanides Hellenic Bank will lay off more than 10 per cent (350) of its work force and shut down 20 branches by the end of the year, as part of a ...

Cyprus´s Union of Bank Employees (Etyk) urged Hellenic Bank staff on Thursday to go on the offensive in response to what it deemed the “easy solution” mass redundancy plans ...

Hellenic Bank will submit a restructuring plan to the labour ministry that will include up to 350 compulsory redundancies this year, its CEO Oliver Gatzke said on Thursday, a move likely ...

Hellenic Bank on Thursday posted its financial results for the previous year, showing a loss of €11.7 million for 2021. This primarily reflects impairment losses related to the completion of Project Starlight, ...