…titles to be suspended  Marfin Popular Bank has said it will proceed to submit a takeover bid seeking control of Piraeus Bank SA of Greece and Bank of Cyprus Pcl, despite
The Athens Stock Exchange authorities decided on Friday to suspend trading on the shares of Marfin Popular Bank, Piraeus Bank, Bank of Cyprus, Marfin Financial Group, Egnatia Bank (both common and preference
Marfin Popular Bank has submitted a takeover bid seeking a minimum 35% to maximum 100% of the share capital of Bank of Cyprus through a share swap, offering 1.241 shares for every
The Board of Directors of Bank of Cyprus Pcl (BOCY) unanimously rejected the intention by Marfin Popular Bank to submit a takeover bid seeking minimum 35% control of the bank through a
The trade deficit in Cyprus swelled by 17.3% to CYP 2,124.8 mln in January-October 2006 compared to CYP 1,811.8 mln in January-October 2005. The figures came with the announcement by the Statistical
PandaLabs has detected a new massive email attack destined to recruit ‘mules’ for money laundering. These messages use the lure of offers of well-paid jobs – up to 4,000 euros per month
Vasiliko Cement Public Company Ltd announced that at the meeting held on January 10, 2007, the Board of Directors accepted the resignations of Messrs. J. Y. Gestin and G. Ghinaglia from the
The CSE Council announced that it has accepted the listing of 1,705,007 ordinary shares of Hellenic Bank Public Company Ltd, which have resulted from the reinvestment of interim dividend in 2006. It
With reference to certain Greek reports according to which its subsidiary, Louis Hotels, is in negotiations with another Greek Group, Louis plc denies all allegations on a possible merger or submission of
Sterling rallied to $1.9510 against the dollar and 0.9655 against the euro after the shock decision by the Bank of England to raise UK interest rates to 5.25% from 5% in an
