Laiki up on Serb news, CAIR unions moan

Financial Mirror (Cyprus) - - FRONT PAGE -

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:

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