BOC launches Praxis for business clients

Bank of Cyprus has launched a new service called Praxis aimed at offering business clients a 24-hour service. By using Praxis, clients can apply online for letters of credit, bills of collections

Cyprus Opel/GM dealer George Pavlides dies

George Pavlides, Managing Director of the General Motors/Opel dealership Geo. Pavlides & Araouzos and Chairman of the WRC Cyprus Rally organising committee, died Thursday of a heart attack at the age of

Laiki launches SMS Banking

Laiki Bank launched its SMS Banking service, offering clients the opportunity to transact over their mobile phones. Laiki customers can pay utility bills, transfer money to designated accounts, access information about their

JCC launches Cyprus e-commerce service

JCC Payment Systems, the credit card clearing house owned by the banks, has launched JCCsmart, its e-commerce service that hopefully will boost electronic shopping on the island. For the first time, thousands

Gov’t makes bullish forecast to 2009

Mood of optimism also in big business The government expects economic growth to exceed 4% for five years running, according to the leaked latest annual Convergence Programme submitted to the European Commission,