BOC hits CYP 1.89 in Greece

Bank of Cyprus shares trading in Greece rallied sharply higher on Tuesday to a closing high of EUR 3.30 or CYP 1.8945 on the back of a sharp rally in Greek shares.

New Issue of 4,25% bonds

The Central Bank of Cyprus announced a new issue of up to CYP 12 mln Government Registered Development Stock with three years maturity and interest at 4,25% p.a. The interest, which is

CB tells Snoras to wait

The Central Bank has decided to postpone evaluating a request by the Lithuanian Snoras Bank, seeking permission to buy a controlling stake in Universal Bank pending the outcome of a court fight

Evagorou to head Demetra Investments

AKEL Deputy Stavros Evagorou has been elected as the new Chairman of Demetra Investments, following a Board meeting held on July 15 after the election of the members during the AGM of