Bank of Cyprus

The Bank of Cyprus, the country΄s largest lender that is reeling from deep losses caused by its holdings in Greek bonds that were deeply devauled, has appointed Andreas Artemis as Chairman to succeed businessman Theodoros Aristodemou who resigned earlier...

A concert to support children in Greece has been organized by the Hellenic Women’s Cultural Association (ESTIA) , in cooperation with AHEPAin Melbourne, for Sunday July 15. AHEPA is asking that the Greek community support his effort in order to provide...

Moody΄s Investors Service on Tuesday cut the credit ratings on two Cypriot banks and put another on review for a downgrade, citing the increased risks of a possible Greek exit from the euro zone.  Bank of Cyprus, the largest...

Cyprus' two largest lenders, Bank of Cyprus PCL (BOCY.CP) and Marfin Popular Bank PCL (CPB.CP), said Wednesday they will take part in a bond-swap deal aimed at reducing Greek debt by more than EUR100 billion. An official from Bank of...

Bank of Cyprus (BoC), the island's largest financial institution, reported a one billion euro ($1.32 billion) loss for 2011 after a write-down of Greek government debt. It said that, after a 60 percent impairment of the nominal value of Greek...

The leading international magazine "The Banker" of Financial Times awarded Bank of Cyprus the “Bank of the Year 2011”. This is given to banks for the exceptional quality of service, product innovation and technological leadership. This award is a new...