Cyprus' leading on-line resource for home buyers & real estate investors -

23rd April 2024
Cyprus Property News logo
HomeTagsBanks

Tag: banks

Investment

Big three banks announce loan rates cut

The Alpha Bank, Bank of Cyprus and the Hellenic Bank have announced plans to lower their interest rates on certain categories of loans including home loans, business loans and credit card loans.
Investment

Banks may need a further 1.5 billion Euros

According to a report by Moody's Investor Services, Cypriot banks and cooperatives may require some €1.5 billion on top of the €2.5 billion of EU support funds earmarked for the banking sector.
Investment

Fitch piles more junk on the banks

Following Fitch Ratings downgrade of Cyprus sovereign credit rating on Wednesday, it has pushed the islands top three banks further into junk territory and believes that the failure of the Bank of Cyprus and the Cyprus Popular Bank "is imminent".
Articles

Vanishing Cyprus: banks bailout – the big lie!

One day, it may be necessary for Cyprus to pull out of the euro to regain its social and economic independence as the "one-size-fits-all" policy has not worked for most EU member states.
Investment

Judgement day for banks approaching?

Banks do not count loans that are fully secure as being nonperforming even though they have not been serviced in 90 days. If the Troika treats such loans as nonperforming, several more billions will be needed to recapitalise them.
Investment

Fitch downgrades Island’s top three banks

Following Fitch Rating's downgrading of the Island's credit rating to junk on Monday, Fitch downgraded the Island's top three banks - the Bank of Cyprus, the Cyprus Popular Bank and the Hellenic Bank earlier today.
News

Banks and government destroying property market

The banks and the government have joined the band of 'crooks' masquerading as property developers and estate agents who seem intent on destroying the Island's once thriving property market and its reputation.
Investment

Two Cypriot banks downgraded by Moody’s

Moody's Investor Services had downgraded the Bank of Cyprus and the Hellenic Bank and has rated them and the Cyprus Popular Bank on review for downgrade as a result of their extensive operations in Greece.

Top Stories

Elsewhere in Cyprus Property News

About us

Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.

Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate. 

Our mission

The mission of Cyprus Property News is to provide anyone looking to buy property in Cyprus with up-to-date factual information, without the usual marketing hyperbole and exaggerated claims, to help their buying decisions and to help them avoid making costly mistakes.

Cyprus Property News also has an on-line Cyprus Property Forum where individuals wishing to buy or sell property and those who are facing problems can seek independent advice completely free of charge.

Information pages

© Copyright - Cyprus Property News 2004 - 2024