The Ifo Business Climate Index for industry and trade in Germany fell in October to 103.2 points from 104.7 points in the previous month, the Ifo Institut said on Monday. Assessments of
Attacks rose to 42.8 million, causing an average of $2.7m in losses The number of reported information security incidents around the world rose 48 percent to 42.8 million, the equivalent of 117,339
The results of the Comprehensive Assessment for Cypriot Banks by ECB and EBA, published on Sunday confirm the final stabilization and restoration of confidence in the financial system of Cyprus and the
Members of the Democratic Rally of Cyprus, including President Averof Neophytou, visited the oil storage terminal facilities of VTT Vasiliko Ltd (VTTV) which will commence operations shortly. Averof Neophytou, members of Parliament
RCB BANK LTD has successfully passed an asset quality review (AQR) and the stress tests under comprehensive assessment conducted by the European Central Bank (ECB). The stress tests showed that the Bank’s
Central Bank of Cyprus Governor Chrystalla Georghadji has said that results of a comprehensive assessment for Cypriot banks by ECB and EBA published on Sunday are good cause to face the future
The Co-operative Central Bank has welcomed the outcome of the stress tests, which revealed a capital surplus of €331 mn under the adverse scenario. Cyprus` Co-operative Central Bank was among 130 banks
The Hellenic Bank has said that the results of the Comprehensive Assessment, which resulted in a residual capital requirement of €105 million, are in line with the capital plan of the Bank.
The pre-emptive €1 billion capital raise ensured that the Bank of Cyprus absorbed the capital shortfall that emerged from the ECB comprehensive assessment carried out by the European Central Bank, the Bank
Three Cypriot banks completed with a capital surplus the European Central Bank's comprehensive assessment, whereas one bank completed the exercise with a manageable shortfall. The ECB and EBA comprehensive assessment revealed capital
