Co-op scandal heading for a cover-up, MPs claim
Opposition MPs suggested on Thursday there was a cover-up effort afoot after police would not say whether they had questioned former finance minister Harris Georgiades...
Nicolas Hadjiyiannis
AG confirms investigation into former Co-op boss and others
Attorney-general Costas Clerides confirmed on Wednesday he had ordered an investigation into the Co-op Bank’s former CEO Nicolas Hadjiyiannis and other senior officials over their...
Former co-op chief says NPLs were declining (updated)
Former co-op bank CEO Nicolas Hadjiyiannis said they had managed to achieve a substantial reduction of non-performing loans before the lender was shuttered earlier this...
Co-op’s last CEO says Europe was worried about state links
European bank supervisors used the co-op bank to put pressure on the government on matters like the foreclosure legislation, former CEO Nicolas Hadjiyiannis told an...
Business as usual at co-op, say officials
The Cooperative Central Bank (CCB) indicated on Monday that other than some isolated cases of deposit withdrawals from worried customers there was nothing even...
Co-ops reduce NPLs stock below €6 billion
The Cooperative Credit Institutions (Co-ops) have stepped up the pace of restructurings, reducing their non-performing loans below €6 billion six months before the target date....
CCB boss says strictest supervision will eliminate fraud at co-ops
The chief executive officer of the Cooperative Central Bank Nicolas Hadjiyiannis has vowed that fraud cases similar to those currently investigated by police will not...
Co-ops see no benefit to selling loans
Co-operative banks saw no benefit in selling loans and it was not part of its strategic planning, the chairman of the Central Co-operative Bank (CCB)...
Co-ops show €85.6m profit for first six months
THE Co-operative Central Bank said yesterday it had made a net profit of €85.6m in the first half of the year. Chairman Nicolas Hadjiyiannis said...
Co-ops unveil €34m scheme for businesses
By George Psyllides The Co-operative Central Bank (CCB) on Friday unveiled a €34 million scheme to support small and medium businesses (SME). Officials said a...
