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Panicos Nicolaou is a Cypriot banker, who has been the chief executive officer (CEO) of Cyprus’ biggest bank, the Bank of Cyprus, since 2019. Background [ edit ] He holds an MSc in Mechanical & Industrial engineering from the University of Illinois at Urbana-Champaign, US, and a BSc in mechanical engineering from the National Technical ...
Bank of Cyprus new offices in Aglandjia. The Nicosia Savings Bank or Nicosia Depository (Ταμιευτήριο η Λευκωσία) was founded on 1 January 1899 by a group of Cypriots led by Ioannis Economides, a figure in financial and social circles. The bank was the first Cypriot bank, with all the other banks in Cyprus being foreign-owned.
Banker. Employers. Deutsche Bank ( CEO, 2002–2012) Bank of Cyprus ( Chairman, 2014–2019) Josef Meinrad Ackermann (born 7 February 1948) is a Swiss banker, former Chairman of the Bank of Cyprus, and former chief executive officer of Deutsche Bank. He has also been a member of the Washington -based financial advisory body, the Group of Thirty .
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
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At the position, he inflicted losses on depositors and a forced takeover on its smaller rival Cyprus Popular Bank. He cut 1/3 of the bank's balance by unloading bad loans, and brought in 5 billion euros in new deposits. In April 2015, it was announced that Hourican had resigned for "personal reasons", and would work his four-month notice period.
The Central Bank of Cyprus ( Greek: Kεντρική Τράπεζα της Κύπρου Turkish: Kıbrıs Merkez Bankası) is the Cypriot member of the Eurosystem and has been the monetary authority for the Republic of Cyprus from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within ...
Bank and Clients; Bank of Ceylon (UK), part of Bank of Ceylon; Bank of Cyprus (UK), part of Bank of Cyprus; Bank of Ireland (UK), part of Bank of Ireland; Butterfield Private Bank; C. Hoare & Co; Cambridge & Counties Bank; Cater Allen Private Bank, subsidiary of Santander UK, part of Banco Santander; Child & Co (a branch of The Royal Bank of ...