Bank of Cyprus generates 97-million-euro profit in H1

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Bank of Cyprus generates 97-million-euro profit...
 © FamagustaGazette 2019

Bank of Cyprus announced the appointment of a new CEO on Tuesday to succeed outgoing Irish banker John Patrick Hourican, who led the lender during its most difficult days after its 2013 resolution.

A Bank of Cyprus statement said Panicos Nikolaou will take on his duties on Sept. 1, after his appointment was approved by the European Central Bank, which is the controlling authority for all EU banks.

The...


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Bank of Cyprus generates 97-million-euro profit in H1


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