Bank of Cyprus Public Co Ltd

Type: Company
Name: Bank of Cyprus Public Co Ltd (Bank of Cyprus Ltd)
Nationality: Cyprus
Fact Sheet: Fact Sheet for Bank of Cyprus Ltd.
First reported Apr 19 2014 - Updated Apr 19 2014 - 1 reports

Our View: Are deputies coming to their senses?

INDICATIONS are that common sense will eventually prevail and the House ethics committee will not release the full list of names of individuals and companies that had taken money out of Cyprus in the period preceding it haircut of deposits, as it had ... [Published Cyprus Mail - Apr 19 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 2 reports

Bank of Cyprus sells its entire stake in Romania’s Banca Transilvania for EUR 82 mln

Bank of Cyprus sold its entire 10 percent share package in Romanian lender Banca Transilvania in three deals on the Bucharest Stock Exchange on Friday, April 18. Bank of Cyprus sold all of its 220 million shares in the Romanian lender, and cashed in EUR ... [Published Romania Business Insider - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 4 reports

Bank of Cyprus sells business in Ukraine, Romania

Cyprus' largest bank says it has sold off its business in Ukraine and a stake in a Romanian bank to help reduce risk and improve cash flow for the troubled…Click to Continue » ... [Published South Carolina State - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

BoC winds up Ukrainian operations

Bank of Cyprus said on Friday it had completed the sale of its Ukrainian business and stake in Banca Transilvania ahead of schedule.In an announcement, the bank said the sale of the Ukrainian business enhances the Group’s liquidity position and shields ... [Published Cyprus Mail - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Bank of Cyprus Public : Completion of sale of the Group’s Ukrainian business

AnnouncementCompletion of sale of the Group's Ukrainian businessNicosia, 18 April 2014Group ProfileFounded in 1899, Bank of Cyprus Group is the leading banking and financial services group in Cyprus. The Group provides a wide range of financial products ... [Published 4 Traders - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

Bank of Cyprus Lowered to Buy at Deutsche Bank (NBG)

A number of other analysts have also recently weighed in on NBG. Analysts at JPMorgan Chase & Co. upgraded shares of Bank of Cyprus from an “underweight” rating to a “neutral” rating in a research note on Thursday. Analysts at EVA Dimensions downgraded ... [Published American Banking News - Stock Ratings - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

UK Laiki property on sale

NICOSIA - The Bank of Cyprus is selling the buildings of collapsed Laiki Bank in the U K, a BoC source confirmed on Wednesday.The source was commenting on a report in the London-based Property Week that its entire UK real estate loan portfolio worth ₤350 ... [Published The Cyprus Weekly - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Bank hours change on cards

Changes to bank opening hours will be discussed between the Cyprus Bankers Employers' Association (KEST) and the bank employees union (ETYK) after Easter.According to an agreement signed between the two sides, discussions on bank hours were set to start ... [Published The Cyprus Weekly - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Needy groups get lower interest

Bank of Cyprus has reduced interest rates on loans for approximately 4,200 vulnerable groups by up to 1%, BoC chairman Christis Hassapis announced onTuesday.The reduction will affect approximately 3,000 housing loans and 1,200 student loans.The decision ... [Published The Cyprus Weekly - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Co-ops to announce scheme to help vulnerable borrowers

By Staff ReporterCo-ops will next month be announcing a number of initiatives to help vulnerable borrowers, Co-operative Central Bank chief Nicolas Hadjiyiannis said on Wednesday.He was speaking after a meeting with Archbishop Chrysostomos to whom he ... [Published Cyprus Mail - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Our View: AG was absolutely right to give deputies a telling off

ATTORNEY-GENERAL Costas Clerides felt obliged to respond to accusations that the legal service was taking too long over their investigation into the collapse of the economy and the banking sector. Deputies, on Monday, accused the state legal service of ... [Published Cyprus Mail - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

BoC cuts interest rates for over 4,000 ‘vulnerable’ borrowers

By George PsyllidesThe Bank of Cyprus (BoC) has cut the interest rates to the loans of 4,200 people belonging to vulnerable groups by up to 1.0 per cent, its chairman said on Tuesday.Christis Hassapis said the lender cut the rate by up to 1.0 per cent ... [Published Cyprus Mail - Apr 15 2014]

Quotes

"I am pleased that both transactions have been completed at a faster pace than anticipated and, in particular, that we completed the sale of our Ukrainian business at an acceptable price despite the country's current uncertain economic and political environment" Chief Executive John Hourican said in a statement
...an acceptable price despite the country's current uncertain economic and political environment," Chief Executive John Hourican said in a statement. "Overall the bank remains on track in the delivery of its broader strategic objectives, supported by a gradual improvement in the economic and operating conditions in Cyprus" he said. ($1 = 0.7228 Euros) (Reporting by Michael Holden; editing by Jane Baird) 2014-04-18 17
He said the aim of the talks is "to operate in such a way as to serve the public in the best possible way and become as efficient as we can"
Tony Leahy at Bank of Cyprus UK said: "At a time when small businesses need government support to help nurture them through a fragile economic recovery, it is a concern that a significant percentage of businesses are not aware of this initiative."

More Content

All (190) | News (178) | Reports (0) | Blogs (8) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
sort by: Date | Relevance
Our View: Are deputies coming to their senses? [Published Cyprus Mail - Apr 19 2014]
We’re being fed austerity in cunningly measured... [Published Cyprus Mail - Apr 19 2014]
Bank of Cyprus sells its entire stake in Romani... [Published Romania Business Insider - Apr 18 2014]
Bank of Cyprus sells business in Ukraine, Romania [Published 7 News Online - Apr 18 2014]
Bank of Cyprus sells business in Ukraine, Romania [Published South Carolina State - Apr 18 2014]
UPDATE 1-Bank of Cyprus completes Ukraine sale ... [Published Reuters - Apr 18 2014]
Sale of investment in Romanian Banca Transilvania [Published Noodls - Apr 18 2014]
Bank of Cyprus completes Ukraine sale at 10 pct... [Published Sharenet - Apr 18 2014]
Bank of Cyprus completes Ukraine unit sale at 1... [Published Reuters - Apr 18 2014]
BoC winds up Ukrainian operations [Published Cyprus Mail - Apr 18 2014]
Bank of Cyprus Public : Completion of sale of t... [Published 4 Traders - Apr 18 2014]
Our View: Focus saga shows why it’s crucial tha... [Published Cyprus Mail - Apr 18 2014]
U-turn on ‘name and shame’ list [Published Cyprus Mail - Apr 18 2014]
Equities Research Analysts’ Downgrades for Apri... [Published American Banking News - Apr 17 2014]
Bank of Cyprus Lowered to Buy at Deutsche Bank ... [Published American Banking News - Stock Ratings - Apr 17 2014]
JPMorgan Chase & Co. Upgrades Bank of Cyprus to... [Published American Banking News - Stock Ratings - Apr 17 2014]
UK Laiki property on sale [Published The Cyprus Weekly - Apr 17 2014]
Galatariotis Group has made genuine efforts wit... [Published Cyprus Mail - Apr 17 2014]
“Bad Bank” Option Remains on the Table, MinFin ... [Published Greek News - Apr 17 2014]
Bank hours change on cards [Published The Cyprus Weekly - Apr 16 2014]
Cash Isa deals of the week 17 April 2014 [Published Which? - Apr 16 2014]
Needy groups get lower interest [Published The Cyprus Weekly - Apr 16 2014]
Co-ops to announce scheme to help vulnerable bo... [Published Cyprus Mail - Apr 16 2014]
Our View: AG was absolutely right to give deput... [Published Cyprus Mail - Apr 16 2014]
AG hits back at ‘ignorant’ MPs [Published Cyprus Mail - Apr 16 2014]
CYPRUS CITIZENSHIP FOR FOREIGN INVESTORS – GATE... [Published Global Banking & Finance Review - Apr 16 2014]
European Parliament Approves Laws on Banking Ov... [Published Gnom.es - Apr 15 2014]
BoC cuts interest rates for over 4,000 ‘vulnera... [Published Cyprus Mail - Apr 15 2014]
Ukrainian banks quit Crimea [Published Russia Today - Apr 15 2014]
Tales from the coffeeshop: Knives are out over ... [Published Cyprus Mail - Apr 13 2014]
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BoC gets revised offer to offload Ukraine unit [Published ekathimerini.com Latest News - Apr 07 2014]
Bank of Cyprus said on Monday that it is looking “positively” at a revised offer to sell its loss-making PJSC Ukrainian unit to Russia’s Alfa Group as part of a restructuring drive.In January, BoC, the island’s largest lender, said it had agreed to sell ...
Mapping Europe's Mutually Assured Economic Dest... [Published Zero Hedge - Mar 20 2014]
With senior German officials expecting discussions among leaders at the EU Summit to solely focused on a second round of sanctions against Russia (and warnings that they "must avoid a spiral of sanctions" ), we thought it worth drilling down on just ...
Bank of Cyprus contains losses in 2013 [Published ekathimerini.com Latest News - Feb 28 2014]
Bank of Cyprus, the island’s largest lender, on Friday announced a 2013 net loss of 2.04 billion euros, an improvement on the previous year’s 2.21-billion-euro loss.BoC’s fourth-quarter loss fell sharply to 93 million euros from 142 million euros in the ...
Corkow: Analysis of a business-oriented banking... [Published We Live Security - Feb 27 2014]
In his  blog post last week, Graham Cluley introduced the Win32/Corkow banking Trojan. The malware, which has been in the wild since at least 2011, has demonstrated continuous activity in the past year, infecting thousands of users. Version numbering ...
Bank of Cyprus sells Ukrainian subsidiary [Published ekathimerini.com Latest News - Jan 31 2014]
Bank of Cyprus, the island’s largest lender, on Friday announced the sale of its loss-making PJSC Ukrainian subsidiary to Russia’s Alpha Group, as part of a restructuring drive.It said an agreement was reached with ABH Ukraine, part of the Alpha Group, ...
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