Christis improves first half results

Christis Dairies Public Ltd. (CDL) reported an improved first half performance on the back of higher sales and cost containment. Total turnover increased 6.6% to CYP 11.96 mln in the first half

Advances up 2.6% in first half

Total advances by all banks increased by 2.6% year-on-year or by CYP 247.5 mln to CYP 9.55 bln in June 2005 from CYP 9.30 bln a year ago in the same period

Foreign deposits surge to CYP 5.2 bln

Foreigners or non-residents increased their total deposits with local banks to CYP 5.24 bln end of June 2005, which represents a gain of CYP 174 mln since June 2004, while since the

IBU deposits at $3.9 bln

International Banking Units operating in Cyprus had USD 3.9 bln in deposits by end of May 2005 for a 6.4% year-on-year gain on May 2004 figures, while since the start of the

Cyprus and Britain agree on economic issues

Cyprus and Britain agree in many issues concerning the economic development of the European Union, Cypriot Minister of Labour and Social Insurance Christos Taliadoros and British High Commissioner to Cyprus Peter Millet