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The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
European Union. Cyprus. Cyprus became a full member of the European Union in 2004. Despite being a divided country, the entire island is EU territory. Turkish Cypriots are eligible for EU citizenship, however EU law is suspended in certain areas. [1] [2] Cyprus has two official languages: Greek and Turkish, but only Greek is an official EU ...
Credit Libanais SAL. Limassol. Cyprus Branch of EFG Bank. EFG. ERBKCY2NXXX. EFG Bank (Luxembourg) SA. Limassol. First Investment Bank Cyprus Branch. Fibank.
Some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies were frozen in compliance with sanctions imposed on Russia following its invasion of Ukraine ...
In 2012, Cyprus became affected by the Eurozone financial and banking crisis. In June 2012, the Cypriot government announced it would need € 1.8 billion of foreign aid to support the Cyprus Popular Bank, and this was followed by Fitch down-grading Cyprus's credit rating to junk status.
Hellenic Bank Public Company Ltd (Greek: Ελληνική Τράπεζα Δημόσια Εταιρία Λτδ) (CSE: HB) is a bank in Cyprus.It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
Trade unions in Cyprus include: ETYK ETYK (Ενωση Τραπεζικών Υπαλλήλων Κύπρου - Kıbrıs Bankacılar Sendikası - Cyprus Bank Employees Union) ΠΕΟ PEO (Παγκύπρια Εργατική Ομοσπονδία - Tüm Kıbrıs İşçi Federasyonu- Pancyprian Labour Federation) ΣΕΚ SEK (Συνομοσπονδία ...
Current operations. The Bank of Cyprus currently operates 58 branches (3 of which are cash offices not offering loans) or business offices across the Republic of Cyprus.The group also has representative offices in Romania (€33 million net exposure as of 2007), Greece (€309 million exposure as of 2007), Russia (€21 million net exposure as of 2007), Ukraine, and China.