Six investors have been shortlisted as candidates for the acquisition of a €477m package of performing loans belonging to state-owned asset manager Kedipes. According to the Cyprus News Agency, 13 …
KEPIDES starts bad bank transformation
KEPIDES is moving forward to become Cyprus’ Asset Management Company (bad bank) to help the banking sector rid itself of non-performing loans …
KEPIDES starts bad bank transformation
KEPIDES is moving forward to become Cyprus’ Asset Management Company (bad bank) to help the banking sector rid itself of non-performing loans …
KEPIDES starts bad bank transformation
KEPIDES is moving forward to become Cyprus’ Asset Management Company (bad bank) to help the banking sector rid itself of non-performing loans …
China-Cyprus 50 years: Cypriot ministers hail friendly bilateral relations
Government ministers from Cyprus have spoken to local media outlets, Cyprus Mail and Home in Cyprus, about their country’s friendly relations with China. Constantinos Petrides, minister of finance of …
Cyprus says to strip passports from Turk Cypriot officials
The government of Cyprus said on Monday it would revoke the passports from Turkish Cypriot officials in the breakaway state in the northern part of the island. A number of Turkish Cypriot officials, …
The care economy: Cyprus not immune to ‘looming global care crisis’
Cyprus remains deficient in many aspects largely due to the size of its shadow economy By Les Manison The ageing of populations and the devastating socio/economic effects of the Covid pandemic and …
How the €1bn Cyprus Government Guarantee Scheme works
The Cyprus Government Guarantee Scheme will offer low-interest loans to businesses of all sizes via Cyprus banks. It will become available with the enactment of the Amending Law “On the Issuance of …
How the €1bn Cyprus Government Guarantee Scheme works
The Cyprus Government Guarantee Scheme will offer low-interest loans to businesses of all sizes via Cyprus banks. It will become available with the enactment of the Amending Law “On the Issuance of …
Cyprus Business News
Cyprus was among the smallest producer of potatoes in the European area, according to a recent report from EuroStat. Our island produced 80.3 thousand tonnes in 2020, the report showed, placing Cyprus …