Bank Recovery and Resolution Directive by European Banking Authority EBA incl EBAs Resolvability and Transferability Guidelines, EU banks multi annual testing programmes. EU financial institutions institutions expected submit first self assessment report by 31 December 2024
Capital Intelligence Ratings (CI Ratings or CI) announced that it has upgraded the Long-Term Foreign Currency Rating (LT FCR) of Bank of Cyprus (BoC) to ‘BB’, from ‘BB-’. BoC’s Bank Standalone Rating (BSR) and Core Financial Strength (CFS) have also been raised to ‘bb’ and ‘bb’, respectively, from ‘bb-’ and ‘bb-’