#Hellenic Bank

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, ...

Hellenic Bank on Monday announced that it has entered into an agreement for both the sale of a non-performing exposures portfolio, as well as the bank’s servicing platform APS ...

RCB Bank on Tuesday announced that it has agreed to the sale of a performing loan portfolio to Hellenic Bank, including any related funds on the accounts belonging to the ...

The discussion between Hellenic Bank and the Cyprus Union of Bank Employees (Etyk) have broken down, resulting in the bank now seeking mediation from the Department of Labour Relations. “It ...

Nine self-recruitment stations for bone marrow donors have been placed across Cyprus this week, making registration easier and more accessible. Karaiskakio Foundation, which has organised the largest registry per capita ...

Residents of Limassol’s Ayios Athanasios municipality protested on Wednesday against a Hellenic Bank decision to close its last branch in the area. Mayor Marinos Kyriakou said residents were frustrated ...

Credit rating agency Fitch Ratings reported on Wednesday that it has revised Hellenic Bank’s outlook to positive from negative, while also affirming the bank’s Long-Term Issuer Default Rating (...

Central Bank of Cyprus governor Constantinos Herodotou said on Monday that he is seeking ways to expedite banks’ client digital onboarding and reviewing processes, with Cypriot banks participating in this ...

The future sustainability of the banking sector in Cyprus hinges on cutting costs for banks, including through the closure of branches and the downsizing of staff numbers, Hellenic Bank CEO ...

Hellenic Bank said Tuesday it has posted an after-tax profit of €21 million for the first nine months of 2021, as net interest income rose to €192.8 million. Non-interest income was €74.2 million. “Despite ...

Property prices dropped in the second quarter of 2021 according to real estate data experts WiRE FS. On a quarterly basis, prices for apartments fell by 0.14 per cent, for houses by 0.36 ...

Eurobank on Friday announced the acquisition of a 9.9 per cent holding (40,800,000 shares) in Hellenic Bank, according to a statement released on Friday. It also announced entering into a share purchase ...

Hellenic bank saw earnings of €89.3 million in the first quarter of 2021, and profit of €12.9 million after tax. These figures slightly exceeded analyst expectations. Profit before impairment losses, meaning the depreciation ...

Global Finance announced the best banks in Western Europe in 2021, declaring Hellenic Bank the “Best Bank” in Cyprus for the year. As the well-respected US Global Finance magazine stated in ...

Hellenic Bank has been ranked by Global Finance magazine among the top banks in the world because they managed to rapidly and effectively adapt to the new circumstances created by ...

Hellenic Bank has posted its financial results for the previous fiscal year, exhibiting a solid foundation for the year to come, despite reduced profit and total net income due to ...

Hellenic Bank on Tuesday warned clients about an upsurge in electronic fraud and urged them not to share any of their details. In an announcement, the bank said that in ...

Police have released a professional soldier arrested more than a week ago in connection with an explosion at a telecommunications company (Cyta) branch in Limassol in December, it emerged on ...

Hellenic Bank said on Sunday it was ready to implement the latest Covid decree and was reducing the number of staff who would be working at its branches. The bank ...