Greek and Turkish Cooperation Fund set up

The Cyprus Council of Ministers decided on Tuesday to set up a Cooperation Fund between Greek Cypriot and Turkish Cypriot non governmental organisations.Announcing the decision, Government Spokesman Vassilis Palmas said the Fund

Marfin Popular acquires Egnatia Cyprus

Marfin Popular Bank Public Co Ltd announced that it has agreed to acquire 49% of the share capital of Egnatia Financial Services (Cyprus) Limited, which is held by a number of shareholders. 

Bank of Cyprus to raise EUR 500 mln

Bank of Cyprus has received an approval by the Central Bank of Cyprus to proceed with the issue of Senior Debt of EUR500 mln. The issue will be part of the Bank’s