Category Archives: Entertainment

CCB to pay a further Euros 2 million in interest calculation error

The state-owned Cyprus Cooperative Bank (CCB) will pay up to Euros 2 million to rectify an initial correction made to customer accounts who were excessively charged due to a mistake in interest rate calculation concerning customer loans for the period

Education Minister participates in MENA ministerial Summit for Innovation in Egypt

Minister of Education and Culture Costas Hambiaouris is on a visit to Egypt to participate in the Middle East and North Africa ministerial Summit for the Innovation (MENA innovation 2018), to be held in Cairo from 29 to 31 July

Moodys upgrades Cypruss ratings and changes outlook to stable from positive

Moodys Investors Service, has upgraded the government of Cypruss long-term issuer rating to Ba2 from Ba3. All senior unsecured bond and programme ratings have also been upgraded to Ba2 and (P)Ba2, respectively. Cypruss short-term ratings have been affi...

Moodys upgrades Cypruss ratings and changes outlook to stable from positive

Moodys Investors Service, has upgraded the government of Cypruss long-term issuer rating to Ba2 from Ba3. All senior unsecured bond and programme ratings have also been upgraded to Ba2 and (P)Ba2, respectively. Cypruss short-term ratings have been affi...

New securitization law positive for Cyprus’ banking system, Moody’s says

Moody's rating agency has welcomed the new securitisation framework, approved by Cyprus as this new framework would assist the banks to reduce the high stock of non-performing loans hampering the economy.The new legislation is credit positive for futur...

New securitization law positive for Cyprus’ banking system, Moody’s says

Moody's rating agency has welcomed the new securitisation framework, approved by Cyprus as this new framework would assist the banks to reduce the high stock of non-performing loans hampering the economy.The new legislation is credit positive for futur...