Greece lifted a ban on short-selling shares on Wednesday, returning the market to normal after the havoc of the debt crisis, a move expected to bring back short-term traders and boost thin trading vol....

Hellenic Bank Public Company Ltd (HB) reported that first half 2010 net profits attributed to shareholders increased to EUR 11.1 mln from EUR 2.06 mln a year ago but below analyst expectations. Impr....

Bank of Cyprus, the country's largest lender said first- half net profit rose 10 percent to EUR163 mln. Group net interest income rose to EUR496 mln, up 28 percent on the first half of 2009. The ....

A Panayides & CHAPO buy Hellenic Mining EME Cyprus

Pharmakas Quarrying, a member of publicly listed A. Panayides Contracting (APC) and Charilaos Apostolides Public Ltd (CHAPO), have jointly acquired the quarrying operations of Hellenic Mining Public C....

Bank of Cyprus EGM approves capital increase

The Extraordinary General Meeting (EGM) of the shareholders of Bank of Cyprus Public Company Ltd held on 23 July 2010 in Nicosia, which was attended by 2.085 shareholders, either in person or by proxy....

Bank of Cyprus successfully passes the stress test exercise

Bank of Cyprus Public Company Ltd was subject to the 2010 EU-wide stress testing exercise coordinated by the Committee of European Banking Supervisors (CEBS), in cooperation with the European Centra....

Marfin Popular Bank Cyprus announcement after stress test

Marfin Popular Bank Public Co Ltd was subject to the 2010 EU-wide stress testing exercise coordinated by the Committee of European Banking Supervisors (CEBS), in cooperation with the European Centra....

Cyprus Stock Exchange starts OTC trades

The Cyprus Stock Exchange (CSE) announced that within the framework of the effort to promote new development programs and to enforce modern practices of the European Union, the official enforcement of....

Bank of Cyprus to raise EUR345 mln through 2-7 rights issue

Bank of Cyprus (BOCY) said it would proceed with a 2-for-7 rights issue at 2 euros a share to raise 345 million euros and boost its equity capital. The cash call, which will be completed by October,....

Bank of Cyprus Q1 profit beat forecast

Bank of Cyprus Group (BOCY) reported net after tax profit of EUR 81 mln for the first quarter of 2010, easily beating and surpassing analyst forecasts of EUR 69-71 mln. At the same time there was a po....

CySEC imposes record fine on Commerical Value for market abuse

The Cyprus Securities and Exchange Commission (CySEC) decided to impose an administrative fine of EUR500.000 on Commercial Value Α.Α.Ε. for violation the Market Abuse Law in relati....

Cyprus regulator imposes EUR6.3 mln fine for insider dealing

Cyprus's securities regulator has imposed a EUR6.38 mln fine on Greek businessman Ioannis Vardinoyannis over share transactions in Cyprus-listed Sea Star Capital Plc SEAS. The fine was related ....

Cyprus Stock Exchange launches New Market

The Cyprus Stock Exchange (CSE) announced the launch of the Emerging Companies Market (N.E.A) from March 29, 2010. The new Market will be launched with the listing of four companies; Executive S.A., P....

Takeover bid for ASG in Cyprus

Sothepro Ltd, the major shareholders of which are Messrs. Spyros and Savvas Spyrou announced their final decision to submit a Public Offer for the acquisition of up to 100% of the total issued share c....

Cyprus CSE company profits fall 39% to €250 mln

The combined profits of all companies listed on the Cyprus Stock Exchange (CSE) fell by EUR 249 mln or 39% to EUR 388.73 mln in 2009 compared to EUR 637.74 mln in 2008, according to data compiled by t....

Cyprus Trading Corp net drops on retail slump

Cypriot retailing group Cyprus Trading Corp's net profit fell to EUR11.7 mln in 2009, reflecting a decline in retail business and incorporation of results from a subsidiary. The group, which ....