Companies - Page 3

Sweden issues hefty fine to SEB Bank for AML breach

By Sandra Nebritova Last week, the Swedish Financial Regulator issued yet another fine to SEB Bank – worth 1 billion Swedish Krona (€95.2 mln), one of the biggest fines in the regulator’s

4th July 2020

Companies/Guests/Markets

COVID19: EBRD advice for Cyprus flourmill to help cope with 20-30% decline

A rapidly growing flourmill in Cyprus is coping with a downturn in business due to the coronavirus crisis and is adapting to the ‘new normal’ resulting in the new trend of ‘home

27th June 202027th June 2020

Business/Companies

Securing business finance that avoids banks

“Cash is king” is a phrase according to which money (cash) is more valuable than any other form of investment tool. According to Investopedia, this trusted phrase also refers to the cash

12th June 202011th June 2020

Business/Companies

COVID19: Cyprus-based fintech can shape post-virus world

By Christiana Lambrou As the COVID-19 pandemic struck in early 2020, advanced technologies enabled people around the world to remain connected and still be able to perform their day to day activities

2nd June 20201st June 2020

Business/Companies

COVID19: Businesses scrambling for alternative finance

The search for alternative finance has taken a new urgency following the collapse of the government’s efforts to pass the bank-loan guarantee legislation, leaving thousands of businesses, big and small, at the

27th May 2020

Business/Companies

COVID19: Invoice discounting to offset cash flow crunch

Invoice discounting or receivables factoring is set to help companies offset the cash flow crunch in the aftermath of the Covid-19 pandemic and help boost their liquidity as businesses slowly return to

21st May 202020th May 2020

Business/Companies

COVID19: Invoice protection reduces business risk

Eurivex Trade Finance Ltd (ETFL), the alternate funding provider through invoice discounting, is providing small-to-medium sized enterprises (SMEs) protection for 90% of all invoices issued on credit. As thousands of SMEs gradually

11th May 20208th May 2020

Business/Companies

COVID-19 Pandemic hurts company cash flow

As thousands of small-to-medium-sized enterprises (SMEs) in Cyprus slowly resume operations following the lifting of government restrictions due to the Covid-19 pandemic, one of the critical issues confronting SMEs aside from health

7th May 2020

Business/Companies

Limassol law firm wins Corporate INTL double award

George K. Konstantinou Law, a family-run Limassol law firm specialising in immigration, property and investment, has won a double accolade in the Corporate INTL magazine’s annual awards for 2020. The law firm,

5th May 2020

Business/Companies

APS helping Cyprus reduce toxic debt mountain

The 2008 financial crisis hit Cypriot banks extraordinarily hard, leaving the sector with an NPL-ratio soaring to a frightening level of 54% in 2014. In subsequent years, the ratio was reduced to

29th January 2020

Business/Companies

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Companies - Page 3

Sweden issues hefty fine to SEB Bank for AML breach

COVID19: EBRD advice for Cyprus flourmill to help cope with 20-30% decline

Securing business finance that avoids banks

COVID19: Cyprus-based fintech can shape post-virus world

COVID19: Businesses scrambling for alternative finance

COVID19: Invoice discounting to offset cash flow crunch

COVID19: Invoice protection reduces business risk

COVID-19 Pandemic hurts company cash flow

Limassol law firm wins Corporate INTL double award

APS helping Cyprus reduce toxic debt mountain

Cyprus real estate will hold firm in 2021

Cyprus: From ‘economic miracle’ to energy independence

Silver expected to gain in 2021

What the President said or did he ever say it

COVID19: At 122, Cyprus revels in new cases slowdown

Aftershocks rattle Cyprus after major tremor

COVID19: Cyprus conducts 1.3 mln tests, among highest in EU

COVID19: One in 10 patients died in January