Business - Page 2157

Total advances by all banks increased by 2.6% year-on-year or by CYP 247.5 mln to CYP 9.55 bln in June 2005 from CYP 9.30 bln a year ago in the same period

Foreigners or non-residents increased their total deposits with local banks to CYP 5.24 bln end of June 2005, which represents a gain of CYP 174 mln since June 2004, while since the

International Banking Units operating in Cyprus had USD 3.9 bln in deposits by end of May 2005 for a 6.4% year-on-year gain on May 2004 figures, while since the start of the

Laiki Investments (LI) recorded a spectacular turnaround in first half results on the back of higher dividend income, increased profits from investment activities as well as its ability to contain overheads. LI

German embassies are stepping up the use of computers to recognize visa applicants who try to evade an entry ban by changing their name, the weekly magazine Der Spiegel reported. The software

Spools of film look like becoming historical artifacts after the major Hollywood studios agreed on a new standard for digital cinemas, according to news reports. The agreement covers the design and function

The Cyprus Supreme Court on Friday issued a ruling on that will force the dominant state-owned telecoms provider CyTA to reverse price-cuts for mobile telepony calls that have been effective since April,

The CSE Council ordered the suspension in trading of the titles of Chris Cash & Carry Ltd. (CHR) after Guedo Holdings Limited announcesd that the Public Offer Document submitted for the acquisition