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The bank's initial function was to furnish the societies with funds for short-term loans to members. [4] This function was expanded in 1960 (when the CCB absorbed the Agricultural Bank) to include medium- and long-term loans. [4] By the late 1980s, the CCB was the third largest bank in the government-controlled area in terms of deposits. [4]
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 ...
Area served. Cyprus, Greece, Middle East. Key people. Pantelis Leptos, George Leptos. Website. www .leptosestates .com. Leptos Estates is a property development group in Cyprus. [1] Its latest developments include Limassol Del Mar, Adonis Beach Villas, Coral Seas Villas and Limassol Blu Marine.
Note that even though, prior to the 1974 Turkish invasion of Cyprus, Turkish names existed for some villages/towns, due to political reasons, most of the villages/towns were given a different Turkish name. The largest cities in Cyprus, in order from largest, are Nicosia (capital), Limassol, Larnaca, Paphos, Famagusta and Kyrenia. Map of Cyprus.
Paphos (/ ˈpæfɒs / PAF-oss; Greek: Πάφος [ˈpafos]; Turkish: Baf; [4]) is a coastal city in southwest Cyprus and the capital of Paphos District. In classical antiquity, two locations were called Paphos: Old Paphos, today known as Kouklia, [5] and New Paphos. [6] It is the fourth-largest city in the country, after Nicosia, Limassol and ...
Cyprus. United Kingdom. Foreign relations between Cyprus and the United Kingdom are positive. Cyprus gained its independence from the United Kingdom in 1960, after 82 years of British control; the two countries now enjoy warm relations, though the continuing British sovereignty of Akrotiri and Dhekelia in Cyprus continues to divide Cypriots.
Geography of Cyprus. Cyprus is an island in the Eastern Basin of the Mediterranean Sea. It is the third-largest island in the Mediterranean, after the Italian islands of Sicily and Sardinia, and the 80th-largest island in the world by area. It is located south of the Anatolian Peninsula, yet it belongs to the Cyprus Arc. [1]
Gönyeli. Gönyeli (Greek: Κιόνελι, romanized: Kioneli; Turkish: Gönyeli) is a town in Cyprus, near the capital city Nicosia. It is de facto under the control of Northern Cyprus. Over the years the town has merged with North Nicosia, making it connurbated with the city. [3] Its population as of 2011 is 11,671.