Hellenic Bank appointed Ioannis Matsis as Group Chief Executive Officer of the Group, replacing Bert Pijls who is stepping down due to personal and family reasons.

The National Bank of Greece is in talks with a group of investors who have filed an offer to acquire the Greek bank’s Cypriot subsidiary, sources said.

Airport operator Hermes is now one of less than 200 airports worldwide which have acquired an Airport Carbon Accreditation (ACA) certificate accredited by the Airport Council International (ACI), and joining the global battle for the reduction of carbon dioxide emissions.

Moody’s Investors Service, recently upgraded Bank of Cyprus Public Company Ltd's long-term local and foreign currency deposit ratings to Caa2 from Caa3 and Hellenic Bank Public Company Ltd’s to Caa1 from Caa2.

Bank of Cyprus is about to repay its outstanding emergency liquidity assistance (ELA), which it mostly inherited from Cyprus Popular Bank in March 2013.

The number of job vacancies increased in Q3 2016 by 2.626 (111.1%) and reached 4.989, compared to the same quarter of the previous year when it was 2.363, the Statistical Service said recently.

The government is preparing a new tax framework which will further strengthen investment funds sectors in Cyprus, to render the island one of the most attractive investment jurisdictions in the EU.

The shareholders of the Bank of Cyprus recently approved two resolutions in relation to the process that will facilitate the Bank`s listing on the London Stock Exchange (LSE).

TUS Airways will soon commence flying from Larnaca to Amman.

Energy Minister Yiorgos Lakkotrypis has in his hands the report of the Hydrocarbons Counselling Committee, which includes the final suggestions for blocks 6, 8 and 10 in the Cyprus EEZ.