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

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 - 18 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

CYPRUS CITIZENSHIP FOR FOREIGN INVESTORS – GATEWAY TO EUROPE...

Mixed Investments and Donation to Government Fund amounting to a minimum of €2.5 million. The Ministry of Councils has issued additional guidance that cancels this criterion, but official announcement is still pending; orDirect Investments amounting to ... [Published Global Banking & Finance Review - 20 hours ago]
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]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

Final report soon

The names of approximately 7,500 names of people and companies who transferred money abroad in the days leading up to the Eurogroup decision to haircut deposits were discussed during a House Institutions Committee meeting on Monday.MPs have expressed ... [Published The Cyprus Weekly - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 1 reports

House Ethics MPs face dilemma over list of names

By Elias HazouA PARLIAMENTARY inquiry into the financial meltdown of March 2013 will likely name some but not all the names which the House ethics committee has come across during its investigations.The committee is set to put the finishing touches to ... [Published Cyprus Mail - Apr 14 2014]
First reported Apr 08 2014 - Updated Apr 08 2014 - 1 reports

‘No intention of a cover-up’

By Angelos AnastasiadesTHE House Ethics committee will name names in its final report on the collapse of the economy on three provisions, chairman Demetris Syllouris said on Tuesday, before he revealed new instances of banking malpractice running in millions ... [Published Cyprus Mail - Apr 08 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]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Natural gas could help Cyprus' economic growth

It's been one year since the second largest bank in Cyprus, Laiki Bank, was shut down leading to a $13 billion European Union bailout .  The country's financial services sector was a big part of the economy and its resulting overhaul lead many bank depositors ... [Published Marketplace - Mar 24 2014]
First reported Mar 23 2014 - Updated Mar 23 2014 - 1 reports

Former CBC governor facing charges

FORMER Central Bank governor Christodoulos Christodoulou is reportedly facing 10 charges in connection with a huge money transfer into his daughter’s business account less than two months after he left office.Christodoulou has repeatedly denied any wrongdoing ... [Published Cyprus Mail - Mar 23 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Central and West London apartments enjoy strongest price growth

Photo:   Sergey YeliseevThe Royal Institution of Chartered Surveyors' report for the fourth quarter of 2013, reveals that property prices fell in "almost all cities and asset classes".Residential prices for both houses and flats on the island fell by ... [Published TheMoveChannel.com - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 1 reports

Five more judges for securities cases

By Staff ReporterFIVE new district judges will be added to the judiciary to tackle the workload arising from hundreds of lawsuits filed against banks by securities holders.Parliament last night approved by unanimous vote a government bill, which allocates ... [Published Cyprus Mail - Mar 21 2014]

Quotes

"The outlook remains challenging, with rising unemployment, falling credit, and increasing non-performing loans" it said
"The Ukraine crisis may lead to capital flight from non-resident depositors of foreign banks in Cyprus, which may affect the business service sector."
...committee published the findings of its year-long investigation on the scandal, only to refrain from naming any names, which he said could "harm the case built against any suspects, and breach the concept of presumed innocence by incriminating people prior to a fair trial."
"I think there will be difficult times ahead, and yet I think there will be a new perspective for the economy of Cyprus" Dijsselbloem told reporters during a visit to Nicosia

More Content

All (69) | News (61) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
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AG hits back at ‘ignorant’ MPs [Published Cyprus Mail - 17 hours ago]
Will the TPP feed consumers to the wolves of Wa... [Published Smart Company Australia - 18 hours ago]
CYPRUS CITIZENSHIP FOR FOREIGN INVESTORS – GATE... [Published Global Banking & Finance Review - 20 hours ago]
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]
BANK OF CYPRUS PUBLIC : Former CBC governor las... [Published 4 Traders - Apr 01 2014]
Eurogroup chief optimistic on Cyprus recovery [Published HispanicBusiness.com - Mar 31 2014]
Eurogroup ready to support Cyprus [Published Cyprus Mail - Mar 31 2014]
Moody’s raises deposit ratings on 3 Cyprus banks [Published Financial Mirror - Mar 27 2014]
Bank of Cyprus Public : to assess Uniastrum ban... [Published 4 Traders - Mar 27 2014]
Bank of Cyprus to assess Uniastrum bank's prosp... [Published Financial Mirror - Mar 27 2014]
HOURICAN : Bank of Cyprus reviewing restructuri... [Published 4 Traders - Mar 26 2014]
Hourican: Bank of Cyprus reviewing restructurin... [Published Financial Mirror - Mar 26 2014]
EXCLUSIVE-Bank of Cyprus kicks off review of re... [Published CNBC - Mar 25 2014]
Natural gas could help Cyprus' economic growth [Published Marketplace - Mar 24 2014]
Former CBC governor facing charges [Published Cyprus Mail - Mar 23 2014]
Central and West London apartments enjoy strong... [Published TheMoveChannel.com - Mar 21 2014]
Five more judges for securities cases [Published Cyprus Mail - Mar 21 2014]
How corporations and lawyers are scavenging pro... [Published Global Policy Forum - Mar 20 2014]
Property prices and rents continue falling in C... [Published Property Wire - Mar 20 2014]
Who was to blame for the ten days that rocked t... [Published Financial Mirror - Mar 20 2014]
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Blogs

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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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