Hellenic Bank Pcl (HB) shares raced to a new record high Tuesday closing at EUR 5.26 on the back of speculation that the bank has surpassed the minor shock from the credit
“Ideal for merger, takeover in case of consolidation” Â Piraeus and Bank of Cyprus would be the most attractive takeover candidates in case of domestic consolidation in Greece, and based on their
P&K Research, a member of the National Bank of Greece, initiated coverage on Marfin Popular Bank with an overweight bias and a price target of EUR 12.30 per share compared to EUR
The Cypriot lemon and citrus exports to the UK worth an estimated GBP 50 mln a year, are under threat from a South African grower Citrogold who has announced the sale in
The Telekom Austria Group has agreed to acquire a 70% stake in Cypriot SB Telecom Limited held by Ead Samawi and his partners for a corresponding enterprise value of EUR 730 mln.
In the context of a soft landing and despite significant exposures in lending to construction and commercial real estate, Spanish banks rated by Moody’s are well positioned to withstand a slowdown, says
The overall outlook for rated Turkish banks remains stable-to-positive as they benefit from favourable profitability and franchise development dynamics, Moody’s Investors Service said in its new Banking System Outlook for Turkey. At
The Christian-Democrat party in the Netherlands, the CDA (Christian Democrat Appel), has announced that Osman Elmaci has been turned down from taking a seat in the European Parliament due to his attitude
Nokia’s new partnerships with world-leading content brands brings a huge range of high-quality mobile videos into the hands of compatible Nokia Nseries device owners. The new partners are to join YouTube and
COMMENT: By Denis O’Hare  For the Cyprus property sector, the current worldwide ‘credit crunch’ in banking adds to other hazards that may affect its attractiveness as an investment destination.  —
