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The Bank of Cyprus on Thursday announced that it has acquired a restructured loan portfolio, with a total gross accounting value of €58.4 million, as of December 31, 2022, from state-owned asset management company Kedipes.
Eurobank has surpassed initial expectations with its financial results for the year 2023, setting the stage for a robust business plan spanning 2024 to 2026, with the aim of positioning the group as a regional banking powerhouse.
Cyprus saw a significant reduction in its trade deficit, which stood at €566.5 million in January 2024, according to the Cyprus Statistics Service Cystat.
Our main scope is to increase efficiency and cost-effectiveness in transporting goods and the population in general, to enhance the attractiveness and quality of the urban environment and to reduce greenhouse gas emissions and energy consumption.