BANK OF CYPRUS
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Bank Of Cyprus Keeps Romanian Unit Closed Until April 22, Pending Sale
The Romanian units of Bank of Cyprus will remain closed for two more weeks, until April 22, pending sale negotiations that start Monday, April 8, the bank said in a statement Sunday.
Bank Of Cyprus Romania Put Up For Sale. First Bidder: Banca Transilvania
Banca Transilvania (TLV.RO) has placed a non-binding bid to buy the operations of the Romanian branch of Bank of Cyprus, market sources told ZF.
Romanian Bank Files Non-Binding Bid For Local Unit Of Bank Of Cyprus
A Romanian bank has filed a non-binding offer to take over the local subsidiary of Bank of Cyprus, and a decision regarding the matter is the responsibility of Cyprus authorities alone, the...
Bank of Cyprus Temporarily Shuts Down Romanian Unit Pending Sale
Bank of Cyprus will close its Romanian subsidiary for one week effective today and will use this period to find a solution to sell the unit, Bank of Cyprus Romania said in a statement Monday...
Bank of Cyprus Says Tax On Deposits To Apply Only In Cyprus
Bank of Cyprus announced Monday the decision to tax bank deposits higher than EUR100,000 will apply only to deposits in Cyprus.
Bank Of Cyprus Switches To Nine-Month EUR6.6M Loss In Romania
Bank of Cyprus Thursday said it has switched to a nine-month loss of EUR6.6 million in Romania, versus profit a year earlier, hurt by higher provisions and lower revenue from interests.
Bank Of Cyprus 1Q Profit In Romania Falls 86% On Year
Bank of Cyprus Thursday reported a 85.7% drop in its after-tax profit in Romania to EUR300,000 in the first quarter, hurt by lower revenue from interests and fewer loans, according to the ba...
Bank Of Cyprus 2011 Profit In Romania Down 34% To EUR6M
Bank of Cyprus Tuesday reported a 34% drop in its after-tax profit in Romania to EUR5.9 million in 2011, hit by lower revenue from interests, according to the lender’s financial report.
Bank Of Cyprus 9-Month Profit In Romania Falls To EUR4.8M
Bank of Cyprus Wednesday reported a 33% drop in its after-tax profit in Romania to EUR4.8 million in the first nine months, from EUR7.2 million in the year-earlier period.