AKP’s win has no impact on Turkey ratings

Standard & Poor’s Ratings Services said that the Turkish parliamentary elections held Sunday, which resulted in the ruling Justice and Development Party (AKP) retaining its absolute majority, will have no immediate impact

Marfin stake in MIG drops to 6.4%

The stake of Marfin Popular Bank (MPB) in the share capital of Marfin Investment Group (MIG) has declined from 96.88% to 6.44% following MIG’s recent capital increase, which raised a record EUR

Citigroup sees Hellenic Bank at EUR 7

Citigroup has commenced coverage of Hellenic Bank Pcl (HB) with a price target of EUR 7 per share with a buy/medium risk 1M rating. According to Citigroup estimates, Hellenic Bank is on

Cyprus donates $20,000 to Lebanon

Cyprus donated $20,000 to Lebanon to promote the implementation of the UN Security Council 1701 resolution for the establishment of the sovereignty, independence and territorial integrity of the neighbouring country.A cheque for