Foreign deposits surge to CYP 5.2 bln

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

IBU deposits at $3.9 bln

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

CHR suspended after takeover succeeds

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

Laiki Investments returns to profit

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