Moody’s Investors Service has upgraded from B3 (on review for upgrade) to B1 the ratings on the mortgage covered bonds of the Bank of Cyprus, despite the high risk from the default
German manufacturing intends to invest considerably more in 2015 than the year before, according to a survey by the Ifo Institute. The preliminary figures indicate an increase of seven percent, the Institute reported
* Issued €45m in EIB loans; Low-cost retail products; Ship financing for second-hands, not newbuilds * Hellenic Bank, the island’s third biggest lender that has survived the banking crisis that pummelled its
The Cooperative Central Bank reported net profits of €37.1 mln in the first quarter of the year, down from €41.2 mln in the fourth quarter of 2014, mainly due to a drop
The Chairwoman of Hellenic Bank has called for the creation of asset management vehicles or companies so that banks can properly deal with the vast problem of non-performing loans and the glut
By Dr Olga Kandinskaia, Director of the MSc Management Programme at the CIIM Business School CIIM is pleased to announce a new specialisation area for the Master of Science in Management Programme.
Property prices continued to fall in most towns and asset classes during the first quarter of the year, down 3-8% from the same quarter last year, with significant falls being recorded in
By Jameel Ahmad, Chief Market Analyst at FXTM CURRENCY MARKETS The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and bears continue to exploit each opportunity to increase
The outlook for the Belarus banking system remains negative where it has been since 2009, Moody's Investors Service said in a report. The negative outlook reflects the anticipated further weakening of the
The growth potential for the green bonds market is considerable as budding US and European markets become more sophisticated and developing countries like India (Baa3 positive) and China (Aa3 stable) explore their
