Laiki up on Serb news, CAIR unions moan
Laiki Bank shares were up on news of the takeover of a Serbian bank, while unions at Cyprus Airways wanted to hike air fares by CYP 5 per leg to pay for their salaries, according to the issue 644, on November 9, 2005.
Laiki Popular Bank shares rose more than 1% on news that it had agreed to buy Centrobanka in Serbia for EUR 38-45 mln in the first overseas takeover by a Cypriot bank. Centrobanka has five branches, three business units and 22 sub-
Laiki in Serbia: