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World’s top hedge funds post highest-in-decade earnings for 2020
The world’s 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time...
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The day after the approval of the 2021 Budget in Cyprus
This year’s debate on the 2021 Budget took place in an unprecedented context not only because the pandemic created new conditions in the...
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Ex-education minister hits back over bad loan ‘slander’
Cyprus’ ambassador to Athens, Kyriacos Kenevezos on Monday released information about his bank loans, saying they were all being serviced. The...
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Resolving vulnerable borrowers’ primary residence NPLs
By Erol Riza The banking system in Cyprus is facing significant challenges linked to the low interest rate environment, the competition from...
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How to market and manage international operations from Cyprus — Naga CEO
“We run a social community for investing, listed in Germany. But I can tell you that in Germany, it wouldn’t have been that easy to set...
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Gold will glitter in 2021
By Stefan Nolte 2021 will be a bullish year for the yellow metal, although the enormous hike in...
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Tales from the Coffeeshop: In grip of lockdown, police state thriving
EVERY morning the police issue a report proudly informing us how many people have been fined for committing heinous crimes such as not wearing a...
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Bank of Cyprus ‘better positioned’ after NPL sale – Moody’s
Moody’s praised the sale of the Bank of Cyprus “Helix 2” package of non-performing loans in a note released on Thursday....
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MOODYS: Bank of Cyprus in stronger position to weather COVID after loan sale
Moody’s rating agency said the sale of a bad loan portfolio by the Bank of Cyprus puts it in a better...
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Moody’s: Bank of Cyprus in better position to deal with COVID downturn due to new bad loan portfolio sale
Moody’s rating agency says that the new sale of a bad loan portfolio by the Bank of Cyprus, puts the bank in a better position to deal with an...
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Markets celebrate peaceful presidential transition with new record highs
By Hussein Sayed, Chief Market Strategist at FXTM Stocks hit an all-time high early Thursday on...
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Final decision on PEPs list expected in two weeks
The protracted saga of whether or not to publish the so-called Giorghadji list of non-performing loans of politically exposed persons (PEP) could...
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Cyprus to expand mortgage relief scheme
Cyprus is looking into ways of expanding a relief scheme subsidising borrowers with toxic mortgages to...
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Ed Sheeran & Elton John Criticize UK Government After Brexit Deal Ends Visa-Free Movement For Performers
Leading UK musicians include Ed Sheeran, Elton John and Liam Gallagher have signed a letter stating that the UK government’s Brexit deal has failed...
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Slamming the words
Slam poetry is a combination of poetry, the spoken word and performing. Slam poets take to the stage to recite their work, which cannot be longer...
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German government support keeps 10% of companies in business
Government support is keeping roughly one in ten German companies afloat that would otherwise have gone bust during the coronavirus pandemic, the...
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Bank of Cyprus offloads €545 mln toxic loans portfolio
Bank of Cyprus has reached an agreement with funds affiliated to Pacific Investment Management Company...
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Bank of Cyprus to sell additional portfolio of non performing loans to PIMCO
Bank of Cyprus said it had reached agreement with funds affiliated with Pacific Investment Management Company, to sell an additional portfolio of...
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Bank Of Cyprus Continues Sale Of Non Performing Loan Portfolios
Bank of Cyprus Holdings PLC said Monday it has agreed to offload a EUR545 million portfolio of non-performing loans as part of its Project Helix....
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Bank of Cyprus announces sale of €545 mn portfolio of bad loans
Bank of Cyprus Holdings Public Limited Company announced that it has reached agreement with funds affiliated with Pacific Investment Management...