EDITORIAL “You have not left Cyprus, but you made purchases in Paris? We’ll tell you when your card is used…” is the new advertising campaign by Laiki Bank to promote its eBank alerts. It’s a shame that the bank is putting the fear of God among its credit card users just to promote an alert

Marfin There must be a misunderstanding as to who will own how much in the new Bank that Marfin wants to create in Greece through a merger with Egnatia and Laiki Hellas operations. A statement by Marfin Vice-Chairman Andreas Vgenopoulos that Marfin will secure a 50% plus stake in the new Super Bank contrasts sharply

The Bank of Cyprus Group has proceeded with the establishment of a Euro Commercial Paper Programme of a total size of EUR 500 mln euros. Under the Programme, the BOC shall have access to short term funding, mainly from Europe, a BOC statement said. The proceeds of the issues will contribute towards the diversification of

Muskita Aluminium Industries Pcl (MAI) released a lower set of 2005 results in line with expectations, Egnatia Financial Services noted in a recent report, but its prospects are improving on the back of expectations of higher revenue from the operation of its new production facilities. Group revenues surged by 5.8% to CYP 29.2 mln amid

Louis plc announced that it has entered into an agreement with the leading British tour operator, Thomson, a subsidiary of TUI AG, for the chartering of an additional cruise ship, M/V Calypso. The charter will be for a three year period commencing in 2007. Calypso is the fourth cruise ship of Louis Cruise Lines that