Bank of Cyprus staff productivity up 60%

Bank of Cyprus staff have managed to boost productivity by 60% during the past two years, helping drive the Bank’s profits higher and higher, which at the same time has been instrumental

Stademos declares dividend

Stademos Hotels Plc (SHL) reported  its 9M06 results posting a net profit of CYP 1.26 mln (+ 8.5%YoY) and approved an interim dividend of CYP 0.01 (EUR 0.017). Ex-dividend date is set

Swiss franc borrowers risk upset

Thousands of Cypriots who having borrowed in Swiss francs (CHF) for housing or other purposes and who were enjoying the double advantage of low interest rates and a depreciating currency, risk an