Browsing: BUSINESS

BUSINESS
8 Cyta gets two offers for CytaHellas

By Stelios Orphanides

Two Greek companies have submitted proposals to acquire CytaHellas, the loss-making subsidiary of state-owned telecom Cyta, put on sale to stop the blood-letting, although no decision has yet been made to

BUSINESS
7 Co-op to launch travelling banking

By Stelios Orphanides

The state-owned Cyprus Cooperative Bank said it has agreed with security service firm G4S to provide bank services to remote rural areas with the use of armoured vehicles early next year.

BUSINESS
16 Co-op bad loans reduced to €6.5bn

By Stelios Orphanides

Since August 1, the state-owned Cyprus Cooperative Bank has reduced its non-performing loans by €670m to €6.5bn, an executive was quoted as saying by the Cyprus News Agency (CNA).

Varnavas Karounas,

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