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Cypriot banks ‘stable’

The credit outlook for rated Cypriot banks is stable, reflecting the ongoing restructuring of their domestic operations, their improving financial fundamentals and their continuing geographical diversification through their expansion overseas, says Moody’s Investors Service in its new banking system outlook report for Cyprus.

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Continue reading Comments (0) 16-12-2007

Cyprus: Central Bank reduces margin to 60% for property loans

The Central Bank of Cyprus is engineering a “soft landing” for the hot property market through the introduction of tougher limits for banks to provide property loans,

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Continue reading Comments (0) 30-08-2007

Cyprus: SFS to sell ATH stake to Hellenic Bank

Following the decision taken by the BoD of SFS Group Plc to withdraw from the Public Offer made by SFS to acquire 50% plus one share of the share capital of Athena Cyprus,

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Continue reading Comments (0) 17-05-2007

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