Business - Page 2054

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

HSBC Holdings plc said Thursday that it has reached agreement for the sale of its 21.16% shareholding in The Cyprus Popular Bank Public Company Limited, for a consideration of approximately USD 235

Unistream, a Moscow-based money transfer company, has applied to the Central Bank of Cyprus to obtain a license to operate a money transfer business on the island. The new company, Unistream Cyprus,

PrimeTel, the EAC’s strategic partner in the telecommunications sector, is to launch its Triple Play service targeting 170.000 households by the beginning of April. Hermes Stephanou, PrimeTel’s Managing Director said during the