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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 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

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 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

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