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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... 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