Search Results for: Cyprus
Barbados And Cyprus To Negotiate DTA
March 9th, 2015
Barbados and Cyprus have announced that they are to begin negotiating a double taxation agreement (DTA) to strengthen economic relations between the two territories. Barbados Prime Minister Freundel Stuart noted that although diplomatic relations between the two countries were ...
Draghi: Cyprus on track for early bailout exit
March 5th, 2015
Cyprus is on track to exit the adjustment programme before the original deadline of 2016, European Central Bank (ECB) president Mario Draghi said on Wednesday, something which he said was remarkable Draghi was speaking at an official dinner hosted ...
ECB Glimpse of Cyprus Debt Shows Limits of Bank Cleanup
March 4th, 2015
There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and a half years of recession and an international bailout later, ...
CySec announcement for Cyprus Investment Firms
March 3rd, 2015
CySec has issued a press release to inform CIFs that: CIFs may use market data to provide investment services, and/or provide market data to their clients, only if they are authorized to do so by the person who has ...
Internal and External Risks to the Cyprus Economy
February 20th, 2015
Despite the tragic events of March 2013, Cyprus economy has showed resilience and the country was able to return back to stability and regain some of the lost confidence from international markets and investors rather quickly, which is necessary ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
February 18th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “EDR Financial Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...
Central Bank of Cyprus Confirms 1% Deposit Rate Cut
February 17th, 2015
The Central Bank of Cyprus has announced a reduction on its deposit rates by one percent, calling on all credit institutions to follow suit and reduce lending rates. The decision was taken by the Board of Directors of the ...
Blackwell Global named Best Forex Brokerage and Best for Innovative Online Trading Solutions in Cyprus
February 4th, 2015
Blackwell Global, an online trading solutions provider, announced that: Is proud to take top spot in two categories in the 2014 Finance Awards. Wealth & Finance International magazine has named Blackwell Global Best Forex Brokerage Cyprus and Best for ...
Hellenic Bank in Cyprus announced share capital increase
January 29th, 2015
With an announcement, Hellenic Bank informs that: The Bank has successfully completed the share capital increase that commenced in November 2014, raising Euro 204 million and covering 92% of the target set in an adverse and challenging economic environment. ...
Hellenic Bank – Cyprus, issued an announcement on Swiss Franc fluctuation
January 21st, 2015
Hellenic Bank issued a statement regarding its financial position in relation of the recent exchange rate fluctuation of the Swiss Franc against the Euro. Hellenic Bank Public Company Limited announces that the recent exchange rate fluctuation between the Swiss ...
