Cyprus’ largest bank says it bolstered its capital base by raising 1 billion euros through a private placement of new shares.
Cyprus’ international creditors say the country’s bailout program is making good progress as fiscal targets were met.
Cyprus wants to start talks with the European Central Bank on a debt swap that would ease the burden on the Bank of Cyprus, its largest lender
Troika envoys are back in Cyprus to review progress on reforms demanded in return for a 10 billion euro ($13.6 billion) bailout.
The Cyprus Chamber of Commerce and Industry and the Turkish Cypriot Chamber of Commerce launched on Thursday a new project to promote dialogue and […]
Bank of Cypriot major shareholders, who lost 47.5 percent of their deposits last year, are set to take another whack in a stock sale.
Cyprus’ central bank chief said on June 26 that she expects the bailed-out country’s top banks to pass European tests gauging their health.
Cyprus has returned to international markets after raising 750 million euros with its first public issue of bonds since last year’s bailout saved it from bankruptcy.
Only 15 months after needing an international bailout and losing one of its banks, Cyprus is poised to return to the bond markets on June 18.
After asking international lenders for a 10 billion euro bailout to keep its economy from collapsing, Cyprus is getting ready for a bond market issue.