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Cyprus Banking News. Service for global professionals. Constantly updated news and information about Cyprus.
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  • Mr Erdogan, tear down this wall 15 Nov 2009 01:24 GMT
    ... A female North Korean soldier guards the banks of the Yalu River A Palestinian boy tries ... wall that has divided the island of Cyprus for over 35 years. “As Greeks and as ...

  • Morning has broken once again for Yusuf 15 Nov 2009 06:12 GMT
    ... He was an icon of the hippy generation and ... says that "it is good that the bankers are getting identified. We can see the ... point of gravitation between his father's Greek Cypriot side and his mother's Swedish side, which ...

  • Check Out Cheap Self Catering Cyprus Apartments 9 Nov 2009 10:31 GMT
    ... Cheap self catering Cyprus apartments and villa rentals have so much ... 40 other countries and a legal and banking system based on the UK equivalents, have ... the day, which is exactly what the Cypriots do. Kate Smith has been involved in ...

  • IMF publishes report on Cyprus financial system 11 Nov 2009 10:55 GMT
    ... assessment report on the stability of the Cyprus financial system, pointing out at the same time ... June 2009. According to the assessment the banking system of Cyprus has managed to avoid the ...

  • Five SA banks are weaker - Moody's 13 Nov 2009 02:50 GMT
    ... Five SA banks are weaker - Moody's Five South African ... manager of financial institutions at Moody's in Cyprus, said South Africa had been resilient to ... - is exerting additional pressure on the banking sector's financial fundamentals and... on banks' asset ...

  • IMF gives Cyprus the thumbs up 11 Nov 2009 08:58 GMT
    ... positive assessment report on the stability of Cyprus's financial system but said“challenges remain”. The report ... June 2009. According to the assessment the banking system of Cyprus has managed to avoid the ...

  • Offshore Company Formation and Offshore Banking with CCLOGIC Ltd. 12 Nov 2009 09:38 GMT
    ... clients seeking to incorporate in primary in Cyprus but also in Belize, Bahamas, BVI and Seychelles ... as Delaware. The partnership with the major banks and consultancies in the different offshore jurisdictions ... strength the company with new services and banking facilities towards their clients. CCLOGIC Ltd is ...

  • Cyprus recession deepens in Q3 13 Nov 2009 10:55 GMT
    ... Cyprus moved deep into recession in the third quarter ... trade, and transport activities. Financial intermediation activities (banking) as well as the broad services sector ...

  • Cyprus tax revenue declines 15% 12 Nov 2009 11:14 GMT
    ... Total tax revenue collected by the Inland Revenue Department ... mln as total deposits placed with the banks also fell during the period. ...

  • CREDIT AGRICOLE SA : Solid results reflecting a highly positive trend 3rd quarter 2009 10 Nov 2009 17:50 GMT
    ... Agricole S.A. and 100% of the Regional Banks Solid results reflecting a highly positive trend ... July. This restored momentum pushed up net banking income from the Regional Banks' customer business ... international subsidiaries in the Balkans and in Cyprus. To insure that the plan meets with ...

  • CREDIT AGRICOLE SA : Solid results reflecting a highly positive trend 3rd quarter 2009 (MRW) 10 Nov 2009 18:11 GMT
    ... risk-related costs are stabilising. - The Regional Banks delivered excellent commercial results, with robust growth ... July. This restored momentum pushed up net banking income from the Regional Banks' customer business ... international subsidiaries in the Balkans and in Cyprus. To insure that the plan meets with ...

  • Is the U.S. Headed Down the Same Path as Japan? 13 Nov 2009 23:21 GMT
    ... that most regional, community and even global banks have no where near the capacity and/or ... [reference the chart below] Central Bank of Cyprus Governor Athanasios Orphanides: "Low or zero interest rates ... comes from the Nomura report linked above. Bankers, if you are not yet convinced it ...

  • RPT-ECB FOCUS-Weber gaining prominence as ECB leading indicator 9 Nov 2009 09:33 GMT
    ... Weber also pushed for more lending to banks rather than an asset purchase programme, a ... the euro zone's biggest economy and biggest banking sector. 'He tries to direct and steer ... but until Quaden agrees it doesn't happen.' Cyprus central bank governor Athanasios Orphanides is also seen ...

  • BluePhoenix Solutions Reports Third Quarter Results 12 Nov 2009 09:28 GMT
    ... industries and vertical markets such as automotive, banking and financial services, insurance, manufacturing, and retail. ... Denmark, Germany, Italy, The Netherlands, Romania, Russia, Cyprus, South Korea, Australia, and Israel. Certain statements ... severance pay, net 1,442 1,797 Loans from banks 13,549 15,048 Total Non-Current Liabilities 14,991 16,845 ...

  • Blue Planet Wldwde Interim Management Statement 10 Nov 2009 16:26 GMT
    ... on the share prices of all EU banks relying on state aid and our holding in ... 362,648 1.6 Asia 61,478 Equity Bank of Cyprus Cyprus 299,300 1.4 Ltd 947,600 Equity Bank Mandiri ...


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