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Tsakiris is a wholly-owned subsidiary of Athens Exchange (ATHEX) listed Plias S.
He said the lender, which last week revealed its plans to re-list on the Cyprus Stock Exchange and the Athens Exchange by the end of the year, "will continue to delicate extraordinary effort to tackling the very high level of arrears and non-performing loans.
Upon reaching 95% of the voting rights in Alfa Beta, Delned intends to initiate the process to delist Alfa Beta from the Athens Exchange.
If Philip Morris Holland's ownership in Papastratos reaches 95%, an application will be made to the CMC for the de-listing of Papastratos shares from the Athens Exchange.
Hourican who was addressing shareholders at the meeting in Nicosia today, said that the lender, which uncovered plans to have its shares listed at the Cyprus stock exchange and Athens exchange 'will continue to delegate extraordinary efforts to tackling the very high level of arrears and non-performing loans'.
Bank of Cyprus announced that it is proceeding with the listing on the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) of its unlisted ordinary shares.
With the achievement of 95% of the voting rights in Alfa Beta, Delned intends to initiate the process to delist Alfa Beta from the Athens Exchange.
OTE is listed and trading on the Athens Exchange (ASE: HTO) and the New York Stock Exchange (NYSE: OTE).
In addition, following the approval and publication of a prospectus, the bank will offer a further 100 mln euros worth of newly issued shares (in addition to those sold in phases 1 and 2) for subscription by all other existing shareholders prior to any relisting of the shares on the Cyprus Stock Exchange and the Athens Exchange.
While addressing shareholders at a meeting in Nicosia today, the Bank of Cyprus CEO said that the lender, which uncovered plans to have its shares listed at the Cyprus Stock Exchange and Athens Exchange by the end of the year, "will continue to delicate extraordinary effort to tackling the very high level of arrears and non-performing loans.
Following the completion of such transaction, the bank intends to seek a re-listing of its entire ordinary share capital on the Cyprus Stock Exchange and Athens Exchange," from where it was suspended in April 2013.
THE Bank of Cyprus (BoC) said on Thursday it was preparing to return to the Cyprus Stock Exchange (CSE) and the Athens Exchange (ATHEX) next month.

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