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Cypriot banks withdraw restrictions as Lebanese urged to deposit in banks at home

Cypriot central bank sent an email and a memo to all foreign banks operating in the country which states ... of their money, Lebanese banking sources said Tuesday.“The Cypriot central bank sent an email and a memo to all ... the central bank in the island to remove the ceiling on the withdrawal of cash from the banks,” another banker ...

17/04/2013 - 10:25 - comment 0

Cyprus takes effective of Lebanese bank over alleged Hezbollah linkages

of the operations of the branch of FBME Bank Ltd. in Cyprus." The Cypriot Central ... Finance, Main headlines, Lebanon) The Cypriot Central Bank took over the operations ... “The Central Bank of Cyprus announces that, under ...

21/07/2014 - 03:18 - comment 0

Misery loves company: Lebanon and Cyprus strengthen bank ties

withdrawals and money transfer abroad to prevent a run on the banks. “ The Cypriot central bank ... to a statement released Sunday by Lebanon’s Central Bank. A high-profile Lebanese banking delegation visited ... between the Lebanese and Cypriot banking sector and international banks operating in Cyprus in a bid ...

17/02/2014 - 20:39 - comment 0

Lebanese banks planning Cypriot pull-out

to follow the instruction of the Cypriot central bank, which has placed a ceiling for the withdrawal ... on customer deposits despite the Cypriot parliament’s rejection of such a move. Twelve Lebanese banks ... that the Cypriot crisis will not have any major negative impact on them. Bassil said Byblos Bank’s branch ...

31/03/2013 - 09:47 - comment 0

Moody's downgrades Cypriot banks' foreign currency deposit ratings

the foreign currency deposit and foreign currency bond ratings of Cypriot banks, concluding a review ... Service has downgraded the foreign currency deposit and foreign currency bond ratings of Cypriot banks ... institution, while all liquidity assistance costs must be borne by the national central bank.     ...

15/08/2010 - 12:37 - comment 0

Bahrain Arrests Five Cypriot, Jordanian Businessmen for Fraud

Monetary Agency (BMA), Bahrain’s central bank, received a report on July 19 from an international bank official in Bahrain that five Cypriot and Jordanian businessmen had presented a false $50 million bank ... Bahrain has arrested five Cypriot and Jordanian ...

18/05/2010 - 19:12 - comment 0

Lebanese banks still wary over Cyprus

that the pressure on Nicosia has eased. “The Cypriot central bank governor has instructed all banks ... But the branches remained closed at the request of the central bank in Cyprus.” He added that the Lebanese ... of the Lebanese banks in Cyprus. The Central Bank has not yet publically reacted to the proposed taxes ...

20/03/2013 - 11:06 - comment 0

Cypriot economy fast approaching EU income levels

rate controls were removed; the central bank was made independent; and the capital account was further ... the global slowdown. fiscal consolidation re The Cypriot economy is fast ... These achievements have been recognized by the EU in its latest Progress Report, which judges the Cypriot economy ...

15/08/2010 - 14:01 - comment 0

Lebanon and Cyprus tie-up could be good news for the two struggling countries

Union, the European Central Bank and the International Monetary Fund. The government has managed ... politics and move together. Lebanon’s hosting of a key Cypriot Cabinet minister ... different, each is looking increasingly like the other’s best friend. Their relatively large banking ...

07/04/2013 - 11:57 - comment 0

Arab banks threaten Cypriot pullout over new tax plans

of the Association of Banks in Lebanon, urged the Cypriot government not to apply “this harmful” plan on the funds ... with the cost of increasing the capital of the troubled Cypriot banks. The customers of these banks should ... as part of a bailout deal in Cyprus, almost causing a run on the banks, Arab institutions may abandon ...

19/03/2013 - 07:34 - comment 0