CytaGlobal wins Business Britain magazine award

Business Britain magazine has presented CytaGlobal, the international arm of the state-owned Cyprus Telecommunications Authority (CyTA), with the award of “Global Telecommunications – Solution of the Year 2004-2005”. Business Britain has in

Compensation Fund is safe from Suphire saga

The Investor Compensation Fund has not been adversely affected by the recent developments concerning Suphire and is functioning smoothly, according to informed sources. The fund promises to pay EUR 20.000 or CYP

Is the CB undermining the CSE?

The Central Bank has quashed reports that it has taken over the regulation of the CSE Clearing and Settlement system, stressing that it is simply overseeing the operation of the system, as

Soc Gen eyes Emporiki takeover

Societe General (Cyprus) is reported to be engaged in advance negotiations to buy the 12 branches of Emporiki Bank in Cyprus, in an attempt to gain a faster foothold in the highly