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Cyprus Eastern Forum Index » Banking & Insurance » How Bank of Cyprus came back from its bail-in to listing in
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How Bank of Cyprus came back from its bail-in to listing in 
Post: #1   PostPosted: Mon Dec 04, 2017 3:15 pm Reply with quote
Steve - SJD
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How Bank of Cyprus came back from its bail-in to listing in London

In January 2017, Bank of Cyprus Holdings was listed on the London Stock
Exchange. Itís the latest milestone on its path back to strength, since the
Cypriot financial crisis and a Ä10bn bailout in 2013.

In those four years the bank has made stunning progress in restructuring
its risk, improving capital adequacy, and establishing high corporate
governance standards.

Compliance director Marios Skandalis explains that journey, and how the
bankís compliance and corporate governance standards have kept the bank
on track. Watch the second half of our interview with Marios, where he
discusses the... [
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Cheers

Steve
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Post: #2   PostPosted: Mon Dec 04, 2017 4:25 pm Reply with quote
FSB Properties
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I guess when you have stolen your depositors money anything is possible!!!
Twisted Evil Twisted Evil

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Post: #3   PostPosted: Fri Jan 05, 2018 11:22 am Reply with quote
Jascat
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The 4th quarter results for 2017 will make interesting reading. They have already lost over 500 million Euros in the first three quarters of 2017.
I would not be surprised to see them begging for a cash injection to stay in business, during 2018.
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Post: #4   PostPosted: Fri Jan 05, 2018 11:50 am Reply with quote
bubblechris
Joined: 27 Mar 2009
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Location: Waltham Abbey, Essex E9

 
FSB Properties wrote:
I guess when you have stolen your depositors money anything is possible!!!
Twisted Evil Twisted Evil


and we still don't have sight of the details of transfers between the three entities. How can we be certain mones haven't been siphoned off by anyone?

Has anyone seen the figures anywhere, were they audited?

It stinks to me.......................
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