BANK OF CYPRUS
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Bank of Cyprus Completes Sale of EUR147M Portfolio of Romanian Outstanding Loans and Repossessed Properties
Bank of Cyprus has completed the sale of a portfolio of NPLs and repossessed properties of Romania totally worth around EUR147 million to an entity part of APS group.
Czech APS Buys From Bank of Cyprus A Portfolio Of Romanian EUR147M NPLs
APS, a debt recovery company headquartered in the Czech Republic, has announced the acquisition from the Bank of Cyprus Group of a portfolio of Romanian non-performing loans (NPLs) and repos...
Bank of Cyprus Sells 35% Stake In Romanian Hotel Owner To Austria’s Strabag
Bank of Cyprus on Wednesday said it has signed an agreement to sell its assets related to Societatea Companiilor Hoteliere Grand SRL, a company incorporated in Romania and owner of the JW Ma...
Bank Of Cyprus Sells Stake in Banca Transilvania
Bank of Cyprus, the battered Cypriot bank, sold its almost 10% stake in Romanian lender Banca Transilvania (TLV.RO) for 368.1 million lei (EUR82.5 million) on the Bucharest stock exchange Fr...
Bank Of Cyprus Buys Its Own Stake In Marriott
Unknown Properties Limited, registered in Cyprus, bought for EUR13 million the 35% stake that bankrupt ONT Carpati held in Societatea Companiilor Grand (SCH Grand), the owner of five-star ho...
ZF Bankers Summit’13: Bank Of Cyprus Crisis As Seen By The Head Of Marfin Bank
How has Marfin Bank managed to deal with the pressure of the deposit withdrawals caused by the Cypriot crisis and how has it overcome the delicate period that followed the takeover of deposi...
Marfin Bank Romania Takes Over Deposits, Assets Of Bank Of Cyprus Romanian Unit
Marfin Bank Romania has taken over deposits of EUR77 million and gross assets of EUR82 million from the Romanian unit of Bank of Cyprus, the two lenders announced Friday.
BNR Official: Marfin Romania Has High Solvency, Liquidity Ratios
Marfin Bank Romania has high solvency and liquidity ratios and its activity will not be disturbed following the transfer of the local operations of Bank of Cyprus, the head of Romanian centr...
Marfin Bank Secures Competition Derogation On Bank Of Cyprus Deposits
Romania’s antitrust authority Friday said it has approved a derogation for Marfin Bank Romania which allows the latter to gain control of the local operations of Bank of Cyprus before obtain...