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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Fitch upgraded the bonds of Bank of Cyprus

Nicosia:  To upgrade the covered bonds of € 1 billion. Bank of Cyprus to CCC from B- with a stable outlook, the ratings agency proceeded Fitch. According to the announcement, the decision follows the upgrade of the long-term rating of Bank of Cyprus to CCC from CC. The house gives a stable outlook to bonds as taking into account the slowdown in the deterioration of the quality of the loan even if pressures continue in 2015 as the economy shrinks further. It is also noted that the law on divestiture and insolvency will help recovery delays through, for example, restructuring or foreclosure of assets within a shorter period of time. In addition, the assessment of covered bonds will be vulnerable to a sharp deterioration in the performance of mortgage loans than currently foreseen.  Source : philenews
- See more at: http://www.philenews.com/el-gr/oikonomia-kypros/146/254846/oi-fitch-anavathmisan-ta-omologa-tis-trapezas-kyprou#sthash.fGSv6RTF.dpuf