(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release →
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged accelerated bookbuild, Athens Stock Exchange, ATHEX, Bank of Cyprus, banking sector, Cyprus, EBRD, European Bank for Reconstruction and Development, eurozone crisis, financial sector recovery, Governance, Kristina Zagar, non-performing loans, partnership, recapitalisation, restructuring, Return on equity, stake sale