Central Bank Of Cyprus
The Central Bank of Cyprus ( ) is the national central bank for the Republic of Cyprus within the Eurosystem, and was the Cypriot central bank from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent authority within European Banking Supervision. History The Central Bank of Cyprus has its origins in the British Colonial Government of Cyprus, which established a Cyprus Currency Board in 1927. This followed on from the unilateral annexation of Cyprus by the British Empire in 1914, the Treaty of Lausanne, establishing the legality in international law of this British takeover, in 1923, and the full establishment of a colonial system of government in Cyprus, with the creation of a Legislative Council, in 1926. The role of the Chairman of the Currency Board was held by the Accountant General, also known as the Auditor General, of the Government of Cyprus. The Board could issue notes and coins, initially denominated in the Cypriot poun ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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State Ownership
State ownership, also called public ownership or government ownership, is the ownership of an Industry (economics), industry, asset, property, or Business, enterprise by the national government of a country or State (polity), state, or a public body representing a community, as opposed to an individual or Private property, private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from Public good, public goods and government services financed out of a Government budget, government's general budget. Public ownership can take place at the Central government, national, regional government, regional, local government, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, Collective ownership, collective/cooperative, and common ownership. In marke ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Athanasios Orphanides
Athanasios Orphanides (born 22 March 1962) is a Cypriot economist who served as Governor of the Central Bank of Cyprus between 3 May 2007 to 2 May 2012 and as a member of the Governing Council of the European Central Bank between 1 January 2008 and 2 May 2012. Prior to his appointment as governor, he served as senior adviser at the board of governors of the Federal Reserve System in the US, where he started his professional career as an economist in 1999. While at the Federal Reserve he taught undergraduate and graduate courses in macroeconomics and monetary economics at Georgetown University and Johns Hopkins University. He holds undergraduate degrees in mathematics and economics as well as PhD in economics from the Massachusetts Institute of Technology. On 29 April 2012 President Demetris Christofias announced that Panicos O. Demetriades would succeed Orphanides as governor of the Central Bank of Cyprus effective 3 May 2012. Orphanides is a professor at MIT Sloan School o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Panicos O
Panicos is a given name. Notable people with the given name include: *Panicos Chrysanthou (born 1951), Cypriot filmmaker and documentarian * Panicos O. Demetriades (born 1959), Cypriot economist * Panicos Nicolaou, Cypriot banker *Panicos Orphanides Panicos Orphanides (born 27 July 1961) is a Cypriot former football manager and player. A forward, played for AEL Limassol from 1977 to 1993, where he celebrated three Cypriot Cups. As a manager, Orphanides started as an assistant to Andreas Mi ... (born 1961), Cypriot footballer and manager * Panicos Pounas (born 1969), Cypriot footballer {{given name ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chrystalla Georghadji
Chrystalla Georghadji (; Famagusta, Cyprus, 13 July 1956) is a Cypriot economist who served as governor of the Central Bank of Cyprus (CBC) from 2014 until 2019. She is the first female governor of the CBC.Michele Kambas (28 March 2019)Cyprus appoints Constantinos Herodotou as Central Bank head, ECB repReuters. Career She graduated in Economics at the University of Athens, Greece in 1978. She did a postgraduate in Economics and Econometrics at the University of Southampton. She was Auditor General of the Republic from 1998 to 2014, an independent position which monitors public spending. On 11 April 2014, she was appointed governor of the Central Bank of Cyprus The Central Bank of Cyprus ( ) is the national central bank for the Republic of Cyprus within the Eurosystem, and was the Cypriot central bank from 1963 to 2007, issuing the Cypriot pound. Since 2014, it has also been Cyprus's national competent .... References {{DEFAULTSORT:Georghadji, Chrystalla Alumni of the Uni ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Constantinos Herodotou
Konstantinos or Constantinos (Κωνσταντίνος, ''Konstantínos'') is a Greek male given name. * Konstantinos (born 1972), occultist * Konstantinos "Kosta" Barbarouses (born 1990), New Zealand footballer * Konstantinos Chalkias (born 1974), Greek footballer * Konstadinos Gatsioudis (born 1973), Greek athlete * Konstantinos Gavras (born 1933), Greek-French filmmaker * Konstantinos Kanaris (1790–1877), Greek admiral and statesman, former Prime Minister of Greece * Konstantinos Karamanlis (1907–1998), former Prime Minister and President of Greece * Konstantinos Kenteris (born 1973), Greek athlete (sprinter) and Olympic gold medalist * Konstantinos Koukodimos (born 1969), former Greek athlete and politician * Konstantinos Logothetopoulos (1878–1961), former Prime Minister of Greece * Kostas Mitroglou (born 1988), Greek footballer * Konstantinos Mitsotakis (1918–2017), former Prime Minister of Greece * Konstantinos Paparrigopoulos (1815–1891) ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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President Of The European Central Bank
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU) The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Role and appointment The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G-20 major economies, G20. The officeholder is appointed by a Voting in the Council of the European Union, qualified majority vote of the European Council, ''de facto'' by those who have adopted the euro, for an eight-year non-renewable term. History Duisenberg Wim Duisenberg was President of the European Monetary Institute (EMI) when it became the ECB, just prior to the launch of the Euro, on 1 June 1998. Duisenberg then became the first President ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Governing Council
A personal ordinariate for former Anglicans, shortened as personal ordinariate or Anglican ordinariate,"Bishop Stephen Lopes of the Anglican Ordinariate of the Chair of St Peter..." is a canonical structure within the Catholic Church established in order to enable "groups of Anglicans" and Methodists to join the Catholic Church while preserving elements of their liturgical and spiritual patrimony. Created in accordance with the apostolic constitution ''Anglicanorum coetibus'' of 4 November 2009 and its complementary norms, the ordinariates are juridically equivalent to a diocese, "a particular church in which and from which exists the one and unique Catholic Church", but may be erected in the same territory as other dioceses "by reason of the rite of the faithful or some similar reason". Three personal ordinariates were established between 2011 and 2012: * Personal Ordinariate of Our Lady of Walsingham (England and Wales, Scotland) * Personal Ordinariate of the Chair of Saint ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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RCB Bank
RCB Bank (formerly Russian Commercial Bank) was an international bank founded in 1995 and headquartered in Limassol, Cyprus. Background In 1963, the London branch of the Russian Moscow Narodny Bank established a branch in Beirut for foreign trade and export support from the USSR to Middle Eastern countries. In 1985, during the height of the Libyan–U.S. crisis, the Beirut branch closed and some staff members and documents were transferred to Cyprus, where it received its papers from the State Bank of the USSR in 1989. It was later transferred to the Russian VTB Bank, becoming a full subsidiary of VTB in August 1995. In 2002, VTB owned the controlling stake in RCB Bank and also had controlling stakes in the Vienna-based Donau Bank and the Luxembourg-based East-West United Bank. By 2005, VTB controlled 100% of RCB Bank. History RCB Bank was founded in 1995 under the name Russian Commercial Bank (Cyprus), which changed to simply RCB Bank in November 2013. The bank was based in L ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hellenic Bank
Hellenic Bank Public Company Ltd (; CSE: HB) is a bank in Cyprus. It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History The bank was founded in 1976 with technical assistance from Bank of America and in 1996 it bought the local operations of Barclays Bank. A major shareholder (29%) was traditionally and for many years, the Church of Cyprus. Between November 2013 and December 2014, the Church's shareholding shrank to 0.3% making it a small shareholder, after Greek bank Eurobank Ergasias holding 68.81% and Cyprus based Demetra Holdings Plc with 21%, (Logicom Plc the owner of Demetra Holdings Plc also holds c 4% direct shareholding in the bank). The board is composed of representatives of the top two shareholders. In January 2011, Hellenic Bank started operating in Russia but later, in 2014, sold the Russian operation The bank als ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bank Of Cyprus
The Bank of Cyprus (BoC; ; ) is a Cypriot financial services company established in 1899 with its headquarters in Strovolos. Bank of Cyprus has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. After seven years Common Shares of the Bank of Cyprus started trading on the Main Market of the Athens Stock Exchange. The withdrawal of the London Stock Exchange and the reintroduction of Bank of Cyprus to the Athens Stock Exchange is the next big step in its 125-year history, as it reinforces its strategy for long-term growth and value creation for both its shareholders and customers, while increasing its awareness among a wider base of institutional and private investors. Current operations The Bank of Cyprus currently operates 58 branches (3 of which are cash offices not offering loans) or business offices across the Cyprus, Republic of Cyprus ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |