BOC has signed collective agreement with ETYK

Cyprus Bank Employees ' Union (ETYK) has officially announced that Bank of Cyprus has signed an agreement to extend the 2018-2020 ETYK...

PrivatBank proceed with a new lawsuit in Cyprus at $ 5.5...

PrivatBank filed a new lawsuit in Cyprus in the amount of $ 5.5 billion against its former owners. This was reported by the  press...

Resignation – surprise Matsi from Hellenic Bank

The departure of Ioannis Matsis - New CEO Konstantinos Loizidis, until recently CEO of Astrobank, is characterized as unexpected.

The Top 10 of “red” loans in Cyprus

InBusinessNews conducted a survey of the 10 largest owners of "red" loans in Cyprus. Based on the data, there are currently € 19.5...

EU special plan for “black money”

The European Union is determined to establish an oversight body to enforce anti-money laundering rules within the EU, but skeptics fear it will not work.

Hellenic Bank: In the top five of the Eurozone’s systemic banks...

Among the top five liquidity banking systems in the eurozone is the Hellenic Bank, which ranks first in terms of the Liquidity...

Cyprus banks suspend foreclosures for three months

The Association of Cyprus Banks has announced that banks decided to suspend foreclosures for a period of three months amid the disruption...

Morgan Stanley becomes a shareholder of Bank of Cyprus

Strange as it may sound, a $ 7 billion deal on the other side of the Pacific affects the Bank of...

Deutsche Bank Reports Huge Loss for 2019

Deutsche Bank Reports Huge Loss for 2019.The German lender said its bottom line suffered because it paid severance...

The Auditor-General is setting fire to interest rate subsidy schemes

In the letter, the Auditor General asks how it is possible, after the loan has been concluded, to inform the borrower...