#Bank of Cyprus

The Bank of Cyprus has begun notifying its clients who are Russian citizens that their accounts will be closed, the Russian edition of Forbes magazine reported on Tuesday. Forbes cited ...

The Bank of Cyprus has once again been recognised as the best bank in Cyprus for 2023 in Private Banking, marking the seventh time the institution has received this accolade, according ...

The Bank of Cyprus released its Pillar 3 Disclosures on Wednesday, April 5, which contained forward-looking statements regarding the group’s future financial condition, performance, and opportunities. The public disclosure requirements of ...

The Bank of Cyprus on Monday released its preliminary financial results for 2022, posting a profit after tax of €71 million for the entire year, marking a considerable increase over the €30 million ...

Some 1,000 former bank employees who opted for early retirement are waiting for the attorney-general to rule on whether they’re also entitled to unemployment benefit, it appeared on Monday. The ...

Panicos Nicolaou’s term in office as Chief Executive Officer (Ceo) of the Bank of Cyprus has been extended for another 4 years. During meetings on Friday, the Boards of Directors ...

With the aim of making culture accessible to all, the Bank of Cyprus Cultural Foundation launches the new multi-sensory project Aisthiseis. The cultural foundation, in full alignment with the Bank ...

Greece’s Eurobank has doubled its shareholding in Hellenic Bank it was announced on Thursday. It acquired 12.6 per cent of Hellenic in 2021 adding another 13.5 per cent of the shares this ...

Parliament’s decision to extend foreclose freezes until January 2023 is “ridiculous” and exposes Cyprus for no reason, Bank of Cyprus group chief executive Panicos Nicolaou said on Friday. “This is ...

Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is not intending to submit a revised offer for the acquisition ...

The founding fathers of the Bank of Cyprus would surely be horrified at the turn of events. “Thrift” and “savings” for little people were the Victorian watchwords in the 1890s. ...

Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is considering its options in terms of submitting a revised offer ...

As the Bank of Cyprus continues efforts to steer customers away from its branches, it on Monday reminded customers they can deposit a cheque themselves using the bank’s app. ...

The Bank of Cyprus on Wednesday released its financial results for the first half of 2022, posting a profit after tax of €50 million, marking a significant improvement over the €1 million loss ...

By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the finance ministry and the Bank of ...

Government rushes to pass bill to prevent takeover of systemic bank The government is faced with a race against time to ensure it has the legal power to prevent the ...

Bank of Cyprus (BoC) said on Friday it had received and unanimously rejected “unequivocally” three unsolicited, conditional, non-binding proposals from Lone Star relating to a possible cash offer for the ...

International rating agency S&P Global Ratings this week announced that it has affirmed its ‘B+/B’ long- and short-term issuer credit ratings for the Bank of Cyprus, maintaining ...

The Bank of Cyprus on Monday announced that it will implement a voluntary retirement scheme that will seek to reduce its staff by 15 per cent, which amounts to approximately 500-600 ...

Eliza Livadiotou, Executive Director Finance and Legacy at Bank of Cyprus, speaks exclusively with Cyprus 4.0 about the bank’s history, achievements, sustainability strategy, and significant role in the country’s ...

A court has thrown out a lawsuit by depositors of Bank of Cyprus seeking compensation for the 2013 bail-in, where almost half of their uninsured savings were converted into shares. In ...

Bank of Cyprus’ Dherynia branch is closing in July due to concerns over profitability, safety and operating costs, while increasing digitalisation and online services are also contributing factors, the bank ...

The Bank of Cyprus on Thursday announced that it recorded a profit after tax of €21 million during the first quarter of 2022, €13 million higher than the corresponding period of 2021. Moreover, it ...

Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of the escalating global economic dangers ...