Kedipes cash inflows dip to lowest point
During the second quarter of this year the Cyprus Asset Management Company’s (Kedipes) cash inflows dipped to their lowest point since the entity’s inception. In...
Kedipes
Coronavirus: Kedipes sees income drop in Q1 (Updated)
Kedipes, the state-controlled company set up to manage the co-op’s non-performing assets, saw a 35.6 per cent drop in income in the first quarter of...
Eurobank, Kedipes report strong 2019
In announcing its results for the last quarter of 2019, showing improvements across several metrics including profits and capital adequacy, Eurobank this week said it...
Coronavirus: Foreclosures suspended until June 30
The state asset management company Kedipes said Friday it was suspending foreclosure procedures until June 30, in line with a government request. In a statement,...
Failure of mortgage relief scheme a ‘negative development’
The lack of interest by stricken borrowers in the Estia mortgage-relief scheme is a negative development for the state-owned Cyprus Asset Management Company (Kedipes), officials...
Workers at Co-op subsidiary go on strike
Some 250 workers at the Cyprus Asset Management Company (Kedipes) and its affiliate Altamira, a real estate company, staged a 24-hour strike Monday, a shot...
State-owned asset-management company brings in €288m in its first 10 months
The Cyprus Asset Management Company (Kedipes) generated income of €288.3 million in the first 10 months of operation of the state-owned asset manager, established following...
State-owned company told – again – to come clean over loans to politically exposed persons
The attorney-general has reaffirmed the state-owned asset management company’s (Kedipes) obligation to hand over information as part of a probe into the possibility of the...
Kedipes ‘stalling’ probe into loans held by PEPs (update)
THE state-owned asset management company (Kedipes) appears to be stonewalling a probe into the possibility of the co-op bank affording favourable treatment to politically exposed...
Government admits some co-op properties were sold, defying promises
THE government on Thursday admitted the sale-for-cash of certain properties belonging to the now-defunct co-operative bank, but also said it has put an end to...
Kedipes generates €101 million
The state-owned Cyprus Asset Management Company (Kedipes), which was established following the sale of the former Cyprus Cooperative Bank to Hellenic Bank, generated an income...
