The Central Bank of Cyprus announced that during the auction conducted on February 2, 2006 for the acceptance of deposits of 14-day duration, bids amounting to CYP 544.0 million were submitted, and
Cyprus enjoyed its first increase in tourism revenue for many years in 2005, with revenue reaching CYP 1,005.7 mln, or just over CYP 1 bln, compared with CYP 982 mln in 2004,
HSBC Holdings plc announced that it has reached agreement for the sale of its 21.16% shareholding in the Cyprus Popular Bank Public Company Limited, in a deal valued at CYP 110.24 mln
The Lithuanian Bankas Snoras has expressed the interest to submit a counter bid seeking 52% to 55% of the share capital of the CSE listed Universal Bank Public Co. Ltd. at the
The Lanitis family, the second largest shareholder in the Laiki Bank Group with a 8.6% stake, has welcomed the participation of the Greek Marfin Financial Group in the share capital of Laiki
Six firms out of 14 control 77.5% of all CSE trades according to data released by the stock exchange. During January 2006, the top firm was SFS Securities, which was ranked as
Bank of Cyprus shares moved marginally higher on Friday from their Thursday slump, bringing some sort of stability to the CSE, which had corrected sharply lower on Thursday in tandem with the
