The 11% decline in the share price of Marfin Popular Bank (CPB) since word emerged that it wants to absorb the operations of Bank of Cyprus Pcl (BOCY) and Piraeus Bank (TPIER)
The Cyprus Securities & Exchange Commission has ruled that the public offer document submitted by Piraeus Bank seeking control of Marfin Popular Bank is valid and has called on Marfin to stop
Marfin Popular Bank has revised lower its profit target for 2007 but adjusted higher the profit targets for 2008 and 2009. During a conference call held with analysts, Marfin CEO Andreas Vgenopoulos
Truck drivers decided to extend their strike action for another 48-hours and enforced a total blockage of Limassol port barring the public from using the port. Port sources said that thousands of
…Greek investors chase Cyprus banks, companies Mergers and acquisitions involving Cypriot companies reached a record CYP 1.69 bln, or EUR 2.94 bln in 2006 amid an unprecedented wave of intense activity in
…calls on Marfin to prove its case by Wednesday  The Cyprus Securities & Exchange Commission has ruled that the intention by Marfin Popular Bank to submit takeover bids seeking control of
Output of construction slipped year on year in the third quarter of 2006, recording a decline of 1.1% compared with the same period of 2005. However, for the first three quarters of
Following the success of the first “Pan Arab Web Awards” in 2006, Business Software Alliance (BSA) and the Pan Arab Web Awards Committee have announced the third edition of the annual awards.
… CTC-ARI new rising star Cyprus Trading Corporation Public Ltd., mostly known for its retail and distribution activities, has become a major investor in a number of key sectors. This activity of
…results due on Febraury 27 The Board of Directors of Bank of Cyprus Public Company Ltd will convene on Thursday, 25 January 2007, to examine the three-year strategic plan 2007-2009 of the
