Offshore bank assets reach $18 bln

International Banking Units operating in Cyprus, popularly know as offshore banks saw their total assets surge by USD 629 mln in February 2006 to USD 18 bln. According to Central Bank of

BOC lifts CSE to new record

A spectacular rally by Bank of Cyprus shares on Wednesday was responsible for boosting the CSE GENX to yet another record close, taking the year-to-date gains to 57.5%. In brisk activity, BOC