Bank of Cyprus has a reward plan to compensate borrowers consistent with their mortgage instalments even though affected by rising interest rates by the European Central Bank. Phileleftheros daily said BoC would
Bank of Cyprus Oncology Centre is now a full member of the 120-strong Organisation of European Cancer Institutes (OECI), signalling its commitment to quality care. The Centre said this development is important as
Largest lender Bank of Cyprus posted after-tax profits of €95 mln for the first quarter of 2023 from €17 mln in the same period last year. The Bank announced Tuesday that net income from
The Bank of Cyprus is the first bank in the country and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying
Weeks after offloading 3.2% of its 4.5% holding in Hellenic Bank, fund manager Senvest Group has increased its participation in the island’s largest lender, Bank of Cyprus. According to an announcement sent
Bank of Cyprus reported Friday that their profits for the first nine months had been gobbled up by an early retirement scheme, offering up to €200,000 to employees who chose to exit.
US private equity firm Lone Star could return with the fourth attempt at a Bank of Cyprus takeover, despite seeing three cash offers rejected by the island’s biggest lender. In comments to
The Cyprus Securities and Exchange Commission (CySEC) closely monitors the non-binding takeover bids of the largest lender Bank of Cyprus, filed by US investment fund Lone Star. It is also in consultation
Private equity firm Lone Star has yet to reveal whether it plans to increase its €727 mln bid to buy Bank of Cyprus after having a cash proposal rejected by the biggest
Some 200 Bank of Cyprus employees have pushed the ‘exit’ button taking the ‘generous’ offer for early retirement with compensation, as the bank seeks to offload 500 staff before resorting to redundancies.