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Tag: Bank of Cyprus

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Banking Law, Financial Services

Fitch Upgrades Hellenic Bank’s and Bank of Cyprus’s Credit Rating

13 November 202313 November 2023Michalis C. ZambartasBank of Cyprus, bb+, fitch, Hellenic Bank, rating, upgrade

On November 3, 2023, international rating agency Fitch announced that they upgraded the credit ratings of Hellenic Bank Public Company Limited and Bank of Cyprus Public Company Limited. Accordingly, Hellenic
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Banking Law, Company Law

Update – EU Negative Interest Rate Policy in Cyprus

27 January 202027 January 2020Michalis C. ZambartasBank of Cyprus, Cyprus, Euro deposit, liquidity fee bank of cyprus, Negative interest rate

Further to our recent news provided on January 10 on the EU Negative Interest Rate in Cyprus; Bank of Cyprus Plc recently announced that it will charge fees on deposit
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Recent Posts

  • Antigua and Barbuda Removed from the EU List of Non-Cooperative Jurisdictions for Tax Purposes
  • Deletion of Fines for Failure to Comply with Cyprus Beneficial Owner Registry
  • Confirmation of Beneficial Owner Details in the Beneficial Owner Register
  • Transposition of the EU Mobility Directive into Cyprus Companies Law (Cap. 113)
  • Cyprus Banks Reacting to ECB Interest Rate Cuts

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