Stable outlook for Danish banks/mortgage lenders

The credit outlook for Denmark‘s rated banks and mortgage institutions remains stable, reflecting their strong domestic franchises, limited risk appetites and good financial fundamentals, Moody’s Investors Service said in its new Banking

ECOFIN accepts Cyprus’ VAT exemption

European Union Finance Ministers have accepted a request from Cyprus to postpone VAT on the purchase of foodstuff, medication and restaurant services until the end of 2009. The decision was taken unanimously

Cyprus and Kyrgyz Central Banks sign MoU

The National Bank of Kyrgyz Republic and the Central Bank of Cyprus, expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions,

BOC EGM approves euro shiftover

The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus, held on 5 December 2007 in Nicosia, which was attended by 1.387 shareholders, either in person or by proxy, who