Hellenic Bank to acquire its finance unit

Hellenic Bank Public Company Ltd (HB) announced the reorganization plan which concerns the absorbance of activities of its fully subsidiary, Hellenic Bank (Finance) Ltd. As a result of the absorbance, the subsidiary

Cyprus Advantage Capital reports 9M09 losses

Advantage Capital Holdings Public Company Ltd (ASP) reported losses attributable to the Company’s shareholders of EUR27.0mln in the first nine months of 2009 compared to a profit of EUR29 mln in the

UK house prices rise 0.5 pct in November

British house prices rose 0.5 percent in November, the same as in October, suggesting that a rapid initial rebound from the five-year low set in February is now slowing, mortgage lender Nationwide