The legal merger between Eurobank and Hellenic Bank is expected to be completed within the first quarter of 2025, with the final step, the operational merger, scheduled to take place over the following two years. According to Eurobank Holdings’ latest financial results, the bank recorded a €99 million contribution to its net profits from acquiring […]
Key Cyprus business news includes: Eurobank's planned merger with Hellenic Bank by 2025, Invest Cyprus welcomes tax reforms, The Mall of Cyprus sold Annex 3 to Karakyr Properties Ltd for €4.6 million, Eurobank announced a cash dividend and share buyback program, Alpha Bank agreed to acquire AstroBank for €205 million, and AI's impact on business and maritime sectors was discussed at the Capital Link Cyprus Shipping Forum.