Monthly Archives: November 2014

Moody’s upgrades Cyprus’s government bond and Bank of Cyprus’ deposit ratings

Moody’s, one of biggest credit rating agencies, on Friday 14th of November upgraded the Cyprus’s government bond and changed the outlook of the Government bond rating to stable from positive and affirmed Cyprus’s Not-Prime (NP) short-term rating. Also, on Monday … Continue reading

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SCHEME FOR GRANTING A CYPRUS PASSPORT

Cyprus has been an attractive jurisdiction for citizenship being member of the European Union and an international business center located at the crossroads of Europe, Africa and Asia. An improved scheme was introduced enabling foreign investors to become Cypriot (EU) … Continue reading

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Cyprus banks pass ECB stress tests

Cyprus banks came out with positive results from stress tests carried out by the European banking regulator, marking a final stabilization of the banking system. The banking sector in Cyprus appears adequately capitalized, following the positive results from rigorous testing … Continue reading

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