Bank of Cyprus decided to exercise its option to redeem the subordinated bonds 2008/2013 at their principal amount plus accrued interest. The date of redemption is the 3rd October 2008. The Bonds
The professional business services sector in Cyprus has so far weathered the storm in financial markets that began last August, recording an impressive increase in turnover in the second quarter. Compared with
Industrial output prices in January-July 2008 rose by 9.8% over the same period of 2007, according to the latest figures from the Statistical Service Cystat. Industrial output comprises manufacturing, electricity, gas and
Industrial production in Cyprus rose in June 2008 by 1% compared with the same period of 2007, with the index (2000 = 100) reaching 124.6. Compared with the previous month, the index
The interest for the quarter 20/06/2008 -19/09/2008 on the Capital Securities 12/2007 issued by Bank of Cyprus Public Company Ltd will be paid on 20th September 2008. The record date for those
Cypriot football clubs, Omonia and APOEL of Nicosia, qualified to UEFA Cup's first round after knocking out Greek AEK and Serbia's Crvena Zvezda Belgrade (Red Star), sparking a continued round of celebrations,
Marfin Popular Bank (CPB.CY) reported a 35.6% decrease in first half 2008 net profit to EUR 220.4 mln compared to EUR 342.1 mln a year ago in the same period, short of
Cyprus will be participating in the crisis management exercise Evropi II 2008, organised by EU HELBROC battle group and supported by the EU. The exercise will be held from September 6 to
Hellenic Bank (HB.CY) beat market forecasts delivering EUR 50.89 mln in first half 2008 profit compared to forecasts of EUR 48.9 mln, but down from EUR 70.16 mln a year ago. Profit
Ermes Department Stores (ERME.CY) announced that turnover of the Group for the first six months of 2008 amounted to EUR101,4 mln, showing an increase of 26,8%. The operation of a number of
