Cyprus Central Bank Governor Christodoulos Christodoulou said here today that the situation in the banking sector ”creates confusion in a very sensitive sector of our fiscal system.”His comments come after a public
The Board of Directors of Bank of Cyprus Pcl (BOCY) unanimously rejected the intention by Marfin Popular Bank to submit a takeover bid seeking minimum 35% control of the bank through a
The World Bank’s investment arbitration center has appointed the three members of the tribunal that will decide the US$10 billion expropriation case brought by Cypriot investment firm Libananco Holdings Company Ltd. against
The trade deficit in Cyprus swelled by 17.3% to CYP 2,124.8 mln in January-October 2006 compared to CYP 1,811.8 mln in January-October 2005. The figures came with the announcement by the Statistical
The Board of Directors of Marfin Financial Group decided to proceed with Greece’s largest capital increase, by calling up EUR 5 bln in new capital, which will be used for new takerovers
SFS Group Pcl (SFS), the uniquely diversified conglomerate active in financial services, investments and asset holdings has big plans to set up a new venture capital fund to take advantage of opportunities
Cyprus, Britain and France will be the property hotspots of 2007, while emerging destinations, such as Bulgaria and Croatia, are expected to cool, according to property specialist Assetz. The Cyprus property market
Edited by Demetris Nicolaou, CFA Member of the Board CFA Society of Cyprus  Investors should determine whether a company’s board has, at a minimum, a majority of independent board members. Board
The private mobile phone operator, Areeba, has inaugurated two new stores – one on Nicosia’s busy Makarios Ave. , and the other on Limassol’s Sp. Kyprianou – brining the total number of
Executives and managers looking for fast professional training of a very high – calibre can apply to the Cyprus International Institute of Management CIIM, to reserve a place on its prestigious Executive
