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25th Jun

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FEATURED FOR SALE

3 BEDROOM WHOLE-FLOOR APARTMENT FOR SALE OR RENT Apartment, Nicosia
€430,000
3 BEDROOM WHOLE-FLOOR APARTMENT FOR SALE OR RENT
Value for money furn/1bed! Apartment, Nicosia
€90,000
Value for money furn/1bed!
Luxury 3bedroom villa in Limassol for sale. Detached House, Limassol
€2,470,000
Luxury 3bedroom villa in Limassol for sale.
Exquisite one bedroom apartment for sale Apartment, Nicosia
€140,000
Exquisite one bedroom apartment for sale
LUXURY VILLA FOR RENT OR SALE Detached House, Nicosia
€3,600,000
LUXURY VILLA FOR RENT OR SALE
Three Bedroom House in Geri For Sale Detached House, Nicosia
€290,000
Three Bedroom House in Geri For Sale

Cyprus co-op bank freezes accounts with ...

Cyprus co-op bank freezes accounts with bad loans
The Cyprus Cooperative Bank on Friday froze accounts of customers who keep their loans delinquent on purpose, as the bank makes an effort to force them to seek refinance terms. According to Kathimerini Cyprus, CCB on Friday froze accounts with deposits over €2500 in cases where owners either have delinquent loans or have defaulted on their terms causing the bank to have an unresolved Non-Performing Loan (NPL). The move is not connected to the recent deal with Hellenic Bank taking over the healthy part of the CCB, according to sources within the bank. On the contrary, those sources said the freeze was in the works for some time and it was scheduled to be rolled out in the near future. But it appears that the Hellenic deal accelerated the process. The bank says irresponsible depositors have been avoiding any effort to work together with the bank officials to agree on new loan repayment terms. In some cases, delays have gone for many years according to bank sources, in what has become to be known as “strategic defaulters” in Cyprus. This comes one day following the publication of a 2017 report by ESM, which identified key problem areas for Cyprus’ banking…

2 days ago

FEATURED FOR RENT

Office, Nicosia
€1,000 Per month
City center offices space in excellent location
Apartment, Nicosia
€1,750 Per month
Top floor 3bed with roof garden and a maid's room
Apartment, Nicosia
€3,000 Per month
Top Floor Furnished Duplex in Engomi
Apartment, Nicosia
€850
Ultra modern 2 bedroom apartment
Office, Nicosia
€3,000 Per month
LUXURIOUS 210 SQ.M. OFFICE FOR RENT IN STROVOLOS
Apartment, Nicosia
€3,000 Per month
Upper Level Listed House For Rent


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