New deals for banks, share of ECB re­serves at 0.13%

Financial Mirror (Cyprus) - - FRONT PAGE -

Pi­raeus Bank be­came one of the largest share­hold­ers in Bank of Cyprus af­ter ac­quir­ing a 2% stake, and Credit Agri­cole of­fered to buy 91% of Em­po­riki in Greece, in­clud­ing the Cyprus op­er­a­tions, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 675, on June 14, 2006.

Pi­raeus in BOC:

Just two weeks af­ter Bank of Cyprus an­nounced an am­bi­tious plan to set up op­er­a­tions in Rus­sia and Ro­ma­nia, Pi­raeus Bank of Greece ap­peared out of the blue and ac­quired 7.92

Newspapers in English

Newspapers from Cyprus

© PressReader. All rights reserved.