Marfin Popular Bank PCL

Type: Company
Name: Marfin Popular Bank PCL (Marfin Popular Bank Public Company Ltd)
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Indian operations canned as Alpari heads towards IPO

Alpari has exited the Indian market, closing its Mumbai office in the advent of its anticipated 2015 IPO, with former CEO Pramit Brahmbhatt moving to pastures newHot on the tails of the many large retail FX firms which engaged in a series of high-value ... [Published LeapRate - 18 hours ago]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Cyprus: Time To Trade?

On 25 March 2013, the Bank of Cyprus and Laiki Bank (also known as Cyprus Popular Bank) entered resolution proceedings under the Resolution of Credit and Other Institutions Law 2013.Laiki Bank , the second largest Cypriot bank, was immediately resolved ... [Published JD Supra - Apr 22 2014]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Crisis probe widens

Police are expected to widen their probe into the causes of the economic crisis after revelations in parliament of preferential loans and millions written off by the banks.Investigators will now target the dodgy deals made by the banks to politicians ... [Published The Cyprus Weekly - Apr 22 2014]
First reported Apr 19 2014 - Updated Apr 19 2014 - 1 reports

Seeking counsel

Uproar over revelations that Opposition Akel and ruling Disy received over a €1.5 million in donations from Greek shipping company Focus Maritime continued unabated on Thursday.Attorney General Costas Klerides (photo) on Thursday issued a statement saying ... [Published The Cyprus Weekly - Apr 19 2014]
First reported Apr 18 2014 - Updated Apr 19 2014 - 2 reports

Political turmoil set for round two

By Angelos AnastasiouAS THE two major political parties remain under fire and their leaders have scheduled meetings with the Attorney-general (AG) over controversial donations, the House appeared to be headed towards not publishing the names of those ... [Published Cyprus Mail - Apr 19 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Naming and shaming

Names of people and companies that received favourable loans on low interest rates or transferred money outside the country between June 2012 and the haircut in March 2013 will be revealed in the Institutions Committee report on the economic collapse, ... [Published The Cyprus Weekly - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

Bad politics

A report on Wednesday saying Opposition Akel and ruling Disy received two million euros in donations in 2007-2008 from Greek shipping company Focus Maritime has caused uproar.Athens-based Focus Maritime belongs to Michalis Zolotas a close associate of ... [Published The Cyprus Weekly - 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 17 2014 - Updated Apr 17 2014 - 1 reports

House Ethics to release list of money movers

By George PsyllidesAs part of a probe into the collapse of the island’s economy, the House Ethics Committee decided yesterday to publish all the names of individuals and companies that either took money out of Cyprus in the run up to a deposit seizure ... [Published Cyprus Mail - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Will the TPP feed consumers to the wolves of Wall Street?

In the wake of the global financial crisis, there’s been a push by policy-makers for greater regulation of banks, financial institutions and the “wolves of Wall Street”. This was accompanied by a highly visible Occupy Wall Street movement, demanding political ... [Published Smart Company Australia - Apr 16 2014]
First reported Apr 02 2014 - Updated Apr 03 2014 - 2 reports

Cyprus banks seeing signs of stabilisation, says IMF

Cyprus's economy is adjusting following the 2013 recession, which was "not as severe as anticipated", the International Monetary Fund (IMF) has said. "Signs of stabilisation are emerging in the banking sector," said the IMF in a report.Cyprus agreed to ... [Published NewsRT.co.uk - Apr 02 2014]
First reported Mar 31 2014 - Updated Apr 01 2014 - 2 reports

Eurogroup chief optimistic on Cyprus recovery

Athens (Alliance News) - Eurogroup chief Jeroen Dijsselbloem expressed confidence on Monday that the Cyprus economy could recover from its banking crisis."I think there will be difficult times ahead, and yet I think there will be a new perspective for ... [Published HispanicBusiness.com - Mar 31 2014]

Quotes

"India is the latest office to have been closed by Alpari, however the firm has previously withdrawn local operations from the U S and Germany and, therefore, will not cater to Indian customers anymore” Pramit Brahmbhatt, the outgoing CEO of Alpari India, told Indian news source The Hindu ."
"Both the President of Disy and the General Secretary of Akel have called my office and asked for a meeting on the issue of Focus in a bid to confirm or not whether the published information is valid" said the statement
"Foreign investors can get permanent residency in Cyprus if they have an investment worth a minimum of €300,000" he added
"The outlook remains challenging, with rising unemployment, falling credit, and increasing non-performing loans" it said

More Content

All (72) | News (64) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
sort by: Date | Relevance
Indian operations canned as Alpari heads toward... [Published LeapRate - 18 hours ago]
Cyprus: Time To Trade? [Published JD Supra - Apr 22 2014]
Crisis probe widens [Published The Cyprus Weekly - Apr 22 2014]
Seeking counsel [Published The Cyprus Weekly - Apr 19 2014]
Political turmoil set for round two [Published Cyprus Mail - Apr 19 2014]
Cyprus Popular Bank Public : president looks to... [Published 4 Traders - Apr 18 2014]
Cyprus president looks to improve business rela... [Published Gulf News - 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]
DISY fesses up to Focus money [Published Cyprus Mail - Apr 18 2014]
Naming and shaming [Published The Cyprus Weekly - Apr 17 2014]
Bad politics [Published The Cyprus Weekly - Apr 17 2014]
UK Laiki property on sale [Published The Cyprus Weekly - Apr 17 2014]
House Ethics to release list of money movers [Published Cyprus Mail - Apr 17 2014]
Uproar over party donations [Published The Cyprus Weekly - Apr 17 2014]
“Bad Bank” Option Remains on the Table, MinFin ... [Published Greek News - Apr 17 2014]
AG hits back at ‘ignorant’ MPs [Published Cyprus Mail - Apr 16 2014]
Will the TPP feed consumers to the wolves of Wa... [Published Smart Company Australia - 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]
Final report soon [Published The Cyprus Weekly - Apr 15 2014]
House Ethics MPs face dilemma over list of names [Published Cyprus Mail - Apr 14 2014]
Vgenopoulos: a monstrous lie [Published Cyprus Mail - Apr 09 2014]
‘No intention of a cover-up’ [Published Cyprus Mail - Apr 08 2014]
Fighting the good fight [Published Cyprus Mail - Apr 03 2014]
IMF Sees Signs of Stability for Cyprus Banks [Published OANDA Forex Blog - Apr 02 2014]
Cyprus banks seeing signs of stabilisation, say... [Published NewsRT.co.uk - Apr 02 2014]
Cyprus banks stabilising, says IMF [Published BBC - Apr 02 2014]
Laiki depositors vow to fight on [Published Cyprus Mail - Apr 02 2014]
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IMF Sees Signs of Stability for Cyprus Banks [Published OANDA Forex Blog - Apr 02 2014]
Cyprus’s economy is adjusting following the 2013 recession, which was “not as severe as anticipated”, the International Monetary Fund (IMF) has said. “Signs of stabilisation are emerging in the banking sector,” said the IMF in a report. Cyprus agreed ...
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 ...
Leaked ‘issues note’: Who pays for EU bank bail... [Published FT.com - Brussels Blog - Feb 14 2014]
Workers shutter a branch of Laiki Bank, which was closed under Cyprus' €10bn bailout last year For those not following every twist and turn in the EU’s debate over how to bail out failing banks, it may come as a bit of a surprise that finance ministers ...
My SEC Warning Regarding RBS Prescient As Bigge... [Published Zero Hedge - Jan 30 2014]
Bloomberg reports  Royal Bank of Scotland Group Plc , Britain’s biggest government-owned lender, is on track for its largest pretax loss since 2008 after setting aside 3.1 billion pounds more ($5.1 billion) for legal and compensation claims. We will ...
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