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06th Feb

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5 Bedroom Family House in Platy with Swimming Pool Detached House, Nicosia
€1,500,000 Per month
5 Bedroom Family House in Platy with Swimming Pool
Nice semi-detached house for sale Semi Detached House, Nicosia
€335,000
Nice semi-detached house for sale
Luxurious mezonette in exclusive residential area Duplex, Nicosia
€430,000
Luxurious mezonette in exclusive residential area
Lovely modern detached house in Tseri Semi Detached House, Nicosia
€260,000
Lovely modern detached house in Tseri
Beautiful stone built house ! Detached House, Nicosia
€1,100,000
Beautiful stone built house !
Featured Modern High specs House of 3+attic Semi Detached House, Nicosia
€440,000
Featured Modern High specs House of 3+attic

Bank of Cyprus to post 2015 after tax lo...

Bank of Cyprus to post 2015 after tax loss of €0.4bn on increased provisions
Bank of Cyprus said that it will post an after tax loss of €0.4bn for 2015 caused by an increase in provisions for impairment of customer loans by €0.6bn in October to December to a total of €1bn for the year, adding that it will need no additional capital. “The bank has made changes to its provisioning assumptions taking into account the ongoing regulatory dialogue with European Central Bank, bolstering its provision coverage levels,” the lender said in an emailed statement on Tuesday in reference to the supervisory review evaluation process, widely referred to as SREP. Bank of Cyprus’s board decided by taking into account the methodologies of existing international financial reporting standards, “to make certain amendments to the assumptions in the bank’s provisioning methodologies,” the lender said. “These changes relate to extending recovery periods and applying additional realisation discounts on certain portfolios of problem loans. Provisions are a highly judgmental area under international financial reporting standards”. The bank’s core equity tier 1 ratio is thereafter “expected to remain strong at approximately 14 per cent,” the island’s largest lender said and thus “the bank does not need to raise additional capital” as the ratio is higher than the minimum required…

3 days ago

FEATURED FOR RENT

Detached House, Nicosia
€3,500 Per month
Featured Modern Luxury 2 story detached house
Detached House, Nicosia
€1,500 Per month
4 Bedroom House for Rent in Archangelos
Apartment, Nicosia
€550 Per month
Live in Luxury!
Office, Nicosia
€1,100 Per month
Office closed to the Inner Wall city
Office, Limassol
€6,600 Per month
Prestigious city center office space.
Detached House, Nicosia
€7,000 Per month
Luxurious 5 Bed. House in Acropolis


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