Latest News for: Hellenic banking

Edit

Cyprus Business Now: weekly wrap-up

CyprusMail 05 May 2024
Xenios Konomis, Director of Corporate & SME Banking at the ... Meanwhile, Hellenic Bank’s acquisition of CNP’s insurance operations in Cyprus and Greece is expected to diversify its revenue streams.
Edit

Hellenic Bank’s acquisition of CNP to boost and diversify revenue, Fitch says

CyprusMail 02 May 2024
The acquisition of CNP’s insurance operations in Cyprus and Greece is expected to lead to increased and more varied revenue streams for Hellenic Bank, according to a report released this week by international rating agency Fitch.
Edit

Fitch Ratings: Hellenic Bank’s insurance deal is rating neutral, potential long-term benefits

Stockwatch 02 May 2024
Hellenic Bank announcement that it has entered into exclusive negotiations and a put option to acquire 100% of the Cypriot and Greek insurance activities of CNP Assurances SA (CNP; A/Stable) has no ...
Edit

Moody’s welcomes Hellenic Bank acquisition of CNP Cyprus

CyprusMail 29 Apr 2024
International credit rating agency Moody’s has given a positive assessment on the mooted move by Hellenic Bank to acquire the operations of CNP Insurance in Cyprus and Greece, stating that it ...
Edit

Bankers eye interest rate cut to stimulate corporate loan market

CyprusMail 29 Apr 2024
Meanwhile, in the same article, Andreas Papadopoulos, Head of Commercial Banking at Hellenic Bank, noted that there has been a general decrease in demand for business loans, with the main factors ...
Edit

Cyprus government and banks piling-up cash

CyprusMail 28 Apr 2024
Cyprus Banks Bank of Cyprus Hellenic Bank ... Central Bank of Cyprus, Announcement on profitability and balance sheets of Cyprus banking sector, April 9, 2024; Financial statements of the Bank of Cyprus and the Hellenic Bank for 2022 and 2023.
Edit

Overnight pharmacies for Saturday, 27 April

Philenews 27 Apr 2024
Nicosia. Sophia Koliandri. Archbishop Makarios III Avenue 375 ... Tel. 22380022, 99869635. Margaret Preostou. Stasinou 46, flat 3. Opposite the Central Bank next to “Gloria Jeans,” Strovolos. Tel ... Tel ... Opposite the Hellenic Bank, Enaerios, Limassol.
Edit

Acquisition of CNP by Hellenic Bank for €182 million

Stockwatch 26 Apr 2024
The Hellenic Bank and CNP Assurances have announced that they have entered into exclusive negotiations for the acquisition of the insurance activities of the French company in Cyprus for €182 million.
Edit

Overnight pharmacies for Friday, 26 April

Philenews 26 Apr 2024
NICOSIA. Menoikos Michalis, 73A Larnakos Avenue, Aglantzia, tel. 22332165, 22330865. Kafourou Elena, 3A Ethnikis Frouras ... 22377313, 96391001 ... 22107057, 96356292 ... Traffic lights of Hellenic Bank, near former “Zygos” fruit shop, Larnaca, tel ... ....
Edit

Hellenic Bank’s agreement with CNP Assurances on CNP Cyprus Insurance Holdings

Stockwatch 25 Apr 2024
Hellenic Bank Public Company ... Under the put option, CNP Assurances has the option to sell and Hellenic Bank is irrevocably committed to acquire CNP Cyprus Insurance Holdings if such option is exercised.
Edit

Hellenic Bank confirms talks to acquire CNP Cyprus for €182 million

CyprusMail 25 Apr 2024
Hellenic Bank on Thursday announced that it has entered into exclusive negotiations and a put option with CNP Assurances for the acquisition of its subsidiary CNP Cyprus Insurance Holdings Limited, which operates in Cyprus and Greece.
Edit

Hellenic close to acquiring CNP Cyprus

Ekathimerini 25 Apr 2024
Everything appears to be proceeding smoothly and insurer CNP Cyprus will soon be under the ownership of Hellenic Bank ... subject to negotiation based on the portfolio and agreement terms with Hellenic.
Edit

Greece forest fire fighting unit trains SupportCY volunteers

CyprusMail 25 Apr 2024
The First EMODE (Special Forest Firefighting Unit), of the Hellenic Fire Brigade, recently trained Bank of Cyprus (BoC) SupportCY volunteers on fire laws, fire risk assessment, wildland Urban ...
×