CI Ratings improves Hellenic Bank’s outlook

Capital Intelligence is confident that Hellenic Bank is on the right path to growth and profitability, raising its outlook on the long-term foreign currency rating (LT FCR) to ‘positive’ from ‘stable’. The

Crisis and opportunity

The drastic changes in the Cyprus banking sector hinge on four key events during the past nine years, which should have taught the authorities and consumers alike a lesson or two. After

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RCB starts winding down

RCB Bank has embarked on an “orderly winding down” of its Cyprus banking operations, following the announcement a month ago of the transfer of shares held by Russian entities to local stakeholders,

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Hellenic Bank H1 profits up 19%

Hellenic Bank announced a 19% increase in first half profits to €21 mln, from €17.7 mln in the same period last year, with the Group chief executive describing it as “solid performance”.

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Hellenic Bank goes green with ESG unit

Hellenic Bank has set up a dedicated unit to deal with ‘green economy’ issues, as well as implementing ESG principles of environmental and social responsibility and implementing sound governance practices. The bank, which

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