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Bank of Cyprus Group will proceed with an issue of new shares to existing shareholders (Rights issue) towards the end of the year of approximately CYP 100 mln, Group CEO Andreas Eliades

Muskita Aluminium Industries (MAI) reported a 14.4% reduction in net profits during the first half of the year on the back of higher depreciation charge and as a result of the increase

Bank of Cyprus Group (BOC) managed to beat market expectations, reporting CYP 31.3 mln in first half profits, up 97.5% from CYP 15.9 mln a year ago in the same period, and

The island’s banks are close to a three year contract deal with the bank employees union, ETYK, similar to the collective renewal deal reached earlier by the government and the civil servants