UBS, DB and JPM up BOCY price target

UBS, Deutsche Bank and JP Morgan have all revised higher their price targets on the shares of Bank of Cyprus Pcl (BOCY), which following the release of better-than-expected 9M results and an

Marfin stake in Laiki at 15.17%

Marfin Financial Group announced that as of November 3, 2006, its stake in Laiki Bank has increased to 54.232.852 shares for a 15.17% stake in the Bank following the purchase of 3.081.882

Vgenopoulos new CEO of Laiki

The Board of Directos of Laiki Bank Pcl (CPB) unanimously elected Andreas Vgenopoulos as the new CEO of the Group. The Board also unanimously elected two Deputy CEOs. They are Christos Styllianides

Ajet may sue government for damages

Ajet has attempted to reassure the general public that its intentions have always been hounourable in order to protect the passengers, staff, business partners and creditors of the Company. “We have been

Options reveals new targets by 2009

During a presentation of Strategic Targets to institutional investors in London, on November 2, 2006 within the framework of the promotion of the common CSE-ASE platform under the auspices of BNP-Paribas, Options

Aspis submits improved bid for USB

The Greek companies Aspis Pronoia AEGA and Commercial Value SA decided to submit jointly a new Public Offer for the acquisition of a minimum 20% and a maximum 50% plus 1 share

BOC insists profits are sustainable

Bank of Cyprus Pcl (BOC) insists that its profits are mostly derived from core banking operations and the investment gains amounting to 1% of overall profits are sustainable. BOC CEO Andreas Eliades

Fiscal policy pays dividends, says President

Government fiscal policy is paying off dividends which are increasingly becoming more obvious to the people, President Tassos Papadopoulos has said, as he addressed a huge gathering of bank employees, who met