Marfin Popular Bank Public Co Ltd announced the increase in the size of the existing EMTN Programme from EUR1 billion to EUR3 billion, which has already been approved by the Central Bank.
Aspis Pronoia AEGA and Commercial Value have revised the public offer made to the shareholders of Universal Bank Public Limited to CYP 2.037 or EUR 3.50 per share from CYP1.36 (EUR2.35) per
Moody’s Investors Service revised higher the rating results for banks in Cyprus as part of the application of its refined joint default analysis (JDA) and updated bank financial strength rating (BFSR) methodologies.
The Greece-based Mellon Group, provider of value-added services and technological solutions to financial institutions, has launched Mellon Egypt, its new subsidiary in northern Africa. Mellon Egypt, based in Cairo, aims to support
Luis Corrons, technical director of PandaLabs, Panda Software’s malware research laboratory, explained that there is currently more malware than ever and that it is designed to steal users’ money. Threat creators try
Pantech Group, the leading Korean handset manufacturer, has launched its S100 handset, a sleek and simple candy bar phone as part of a bid to increase its market share in the high-growth
Euro not a big worry, interest rates flat from June  The medium-term outlook for European equities is still good, though stock markets are unlikely to rise as fast as they did
Lufthansa German Airlines will introduce four new flights a week from Larnaca to Munich for the month of August, in addition to teh five operated to the busy Frankfurt airport. Munich Airport
By Michael S. Olympios Chief Consultant Allied Business Consultants Enron was not just another scandal in the history of US financial markets. It was a catastrophe of epic proportions. It caused thousands
The German EU Presidency reaffirmed that the decision regarding the Republic of Cyprus’ accession to the Eurozone will be based on the same criteria that had been applied to all countries. A
