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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

  • 29 August 2019 Cyprus real estate market review 2018

    In its annual Cyprus real estate market review, PwC reports that the... read more

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided 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