BOC
Funds boost investment in Cyprus banks
Investing in Cypriot banks is becoming increasingly common.
The progress they have made in terms of the nonperforming loan burden they have shed, their capital adequacy, which is characterized as good, the profits expected as interest rates rise, and the cost cuts they have implemented have transformed them into an appealing investment target.
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Olympic Glory Alley Opened in Bulgaria
An Alley of Bulgaria's Olympic Glory was officially opened on Friday in the town of Sveti Vlas on the Black Sea coast of the country, the Bulgarian Olympic Committee (BOC) said.
The alley, which is located on one of the busiest streets, contains the bas-reliefs of the 48 Bulgarian athletes who have won 52 Olympic gold medals for Bulgaria, the BOC said in a press release.
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Bulgaria to Send 24 Athletes to Buenos Aires Youth Olympics
SOFIA, Sept. 25 (Xinhua) -- Bulgaria will send 24 athletes to the 3rd Summer Youth Olympic Games in Buenos Aires next month, the Bulgarian Olympic Committee (BOC) said here on Tuesday.
The 24 athletes will compete in 14 sports, the BOC said.
BOC's president Stefka Kostadinova will lead the Bulgarian delegation.
Stefka Kostadinova Re-Elected As BOC Chairwoman
Stefka Kostadinova has been re-elected as chairwoman of the Bulgarian Olympic Committee (BOC) for a fourth consecutive mandate.
The record-holder in the high jump for women, who will turn 52 on Saturday, was the only candidate for the post. She received 49 votes "for" and two votes "against".
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Bank of China to establish deposit bank in Turkey
The Bank of China (BOC) has received permission to operate a deposit bank in Turkey through the investment of $300 million, Turkey's banking watchdog said late Jan. 13, according to Anadolu Agency.
In a statement, the country's Banking Regulation and Supervision Agency (BDDK) said BOC had brought the "required capital" and would apply to start operating shortly.
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Bank of Cyprus offloads Russian subsidiary
Bank of Cyprus, the largest lender of Greek Cyprus, announced July 17 that it has sold off its Russian subsidiary Uniastrum as part of what it called a "de-risk strategy."
BoC said the sale follows a similar deal in Ukraine and completes the disposal of the group's overseas banking subsidiaries identified for sale.
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Bulgarian Olympic Committee Adopts BGN 3.45 M Budget for 2015
The Bulgarian Olympic Committee (BOC) adopted at its regular general assembly on Tuesday its budget for 2015, which amounts to BGN 3.45 M.
A quick comparison shows that BOC increased its budget with BGN 400 000 compared to last year, daily Dnevnik reports.