Bank of Cyprus announced that the Central Bank of Cyprus in its capacity as the Resolution Authority has appointed on 10 May 2013 Mr Takis Arapoglou as member of the transitional Board of Directors...
The deliberations of Cyprus Airways with representatives of Middle East Airlines and and other companies for the possible acquisition of Cyprus Airways are at early stages. CAIR informed the...
16/04/2013
The final report of Alvarez & Marsal to verify the conditions under which the two Cypriot banks namely the Cyprus Popular Bank and the Bank of Cyprus suffered losses and, thus, requested state...
Cyprus Popular Bank announced today its plans in the Greek market, including the withdrawal of 400 employees on the basis of its voluntary retirement plan. According to the bank, it aims to a...
17/01/2013
Angelos Gregoriades has become the new Chairman in KPMG after a unanimous decision by the partners. According to the announcement, Mr. Gregoriades succeeded Mr. Nicos Syrimis, who during his 15th...
04/01/2013
Five members of the Board of Directors of Bank of Cyprus expressed their intention to withdraw gradually from the Group’s Management. They are Vassilis Rologis, Costas Severis, Anna Diogenous,...
19/12/2012
The CSE is suffering great losses on Monday, with investors focusing on the recapitalization of the banks and the government’s effort to secure cash from the pension funds of the semi-governmental...
17/12/2012
Cyprus Airways requested €73 million from the Ministry of Finance in order to get on a sustainable course. During the examination of the request for the release of €16.3 million for the capital...
14/12/2012
The viability and the subsequent course of Orphanides Supermarkets will depend on the decisions to be taken by the banks soon. After certain press reports, the Company announced that since the...
14/12/2012