Bank of Cyprus on roadshows blitz

By Stelios Orphanides

Bank of Cyprus launched a roadshow spree in New York yesterday and will continue in London on Thursday in an attempt to brief investors ahead of the lender’s stock exchange re-listing in Nicosia and Athens set to be completed by December 16, a Bank of Cyprus source said.

The roadshow blitz centres on the lender’s prospects following the capital increase and the composition of a new board of directors, the source who spoke on condition of anonymity said. “We are talking about non-dealing roadshows, which means investors will be offered only information about the bank’s future steps”.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.