Single homes in Metro Vancouver nudge mark where prices can fall board
VANCOUVER – Home sales across Metro Vancouver tumbled last month, when compared with May 2017 and the Real Estate Board of Greater Vancouver says that raises the potential of lower prices for some types of homes.The board says 2,833 properties sold in its region in May, a 35.1 per cent plunge from sales recorded in the same time last year, although May’s sales were up nearly 10 per cent over transactions in April.A news release from the real estate board says sales in May were 19.3 per cent below the 10-year average for the month.Board president Phil Moore says low sales and a nearly 10 per cent jump in the number of newly listed properties between April and May has pushed selection to its highest level in two years.Moore says supply is still below the 10-year average but when the total number of single detached home sales is divided by total listings for that type of property, the ratio is 14.7, nearing the indicator where downward pressure on prices can occur.The sales-to-active listings ratios for townhomes and condominiums are higher, at 30.8 per cent for townhomes and 41.7 per cent for condominiums, well above the 20 per cent mark that the board says can trigger upward pressure on prices.“For home sellers to be successful in today’s market, it’s important to price your property competitively given the shifting dynamics we’re experiencing,” Moore says in the release.The composite benchmark price for all residential properties in Metro Vancouver is $1,094,000, an 11.5 per cent increase over May 2017.Sales of detached properties across Metro Vancouver fell 40.2 per cent in May, compared with May 2017, while the benchmark price was set at $1,608,000, a 2.4 per cent increase year-over-year.Sales of condominiums and townhomes also dropped last month when compared with the year before, down 29.3 per cent for condos and 39.8 per cent for townhomes.The benchmark price for condos was up 20 per cent to $701,700 and townhomes jumped 16 per cent to $859,500 over the same period, but the board says price increases for both types of properties have remained under one per cent since April.
The Government of Canada has announced the members of the Review of the Environmental Assessment Processes Expert Panel and published the panel’s final Terms of Reference. With these actions, the review can begin.“We are impressed by the depth and breadth of expertise amongst the individuals appointed to the expert panel. Several individuals also have good knowledge of the mining industry, which is appropriate given that the mining sector currently makes up the largest number of environmental assessments conducted by the Canadian Environmental Assessment Agency,” stated Pierre Gratton, President and CEO, the Mining Association of Canada (MAC).On June 20, 2016, the federal government released for public consultation the draft Terms of Reference for the Expert Panel.“It’s clear that the government considered the comments submitted and we are encouraged to see that the final Terms of Reference reflect the improvements suggested by MAC and others. We are supportive of the government’s review and we believe that the improvements announced today will help ensure it is conducted in a meaningful way,” stated Gratton.Some of the changes that address MAC’s suggestions include:Directing the panel to consult the provinces and territories, and recognizing the importance of coordination between federal processes and processes of other orders of government.Clarifying the broad scope of the panel’s review.Recognizing the importance of Indigenous knowledge.Enhancing the potential contribution of the Multi-Interest Advisory Committee by enabling it to recommend issues for discussion.“Mining contributed C$57 billion to the Canadian economy in 2014, accounted for almost 20% of Canada’s exports and employed 375,000 workers across the country. Mining is also proportionally the largest private sector employer of Indigenous Canadians and one of the largest customers of Indigenous-owned businesses. An effective regulatory process that the public has confidence in, and that improves the competitiveness of the mining industry and attracts new investment is thus critical to Canada’s future,” stated Gratton.The legislative reforms of 2012 did not result in diminished federal oversight of mining projects. Mining projects are subject to several federal laws, including the Canadian Environmental Assessment Act, the Fisheries Act and Navigation Protection Act. Today, mining projects represent the majority of federal environmental assessments and Section 35 authorizations under the Fisheries Act.MAC is also supportive of the government’s announced plan to establish a Multi-Interest Advisory Committee, which will provide advice to the panel throughout the review. Given the industry’s long-standing experience with CEAA, MAC plans to be a full and active participant in the federal government’s review.Picture courtesy of Teck Resources – protecting water quality with Teck’s first Elk Valley water treatment facility. The team involved has been nominated in the Environmental Management category of the International Mining Technology Hall of Fame.
Royole just beat Samsung to the punch with the FlexPai, the world’s first foldable smartphone that transforms into a tablet.At CES 2019, the Chinese company exhibited the FlexPai, a flexible device that’s portable and features high-definition screen quality. The device, which was initially launched on October 31, 2018, costs $1,318 and is available for pre-order on Royole’s website.<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>The FlexPai has a bendable AMOLED display, which, according to Royole, makes the screen “virtually unbreakable.” Royole claims that the FlexPai can withstand over 200,000 folds, so you won’t have to worry about damage if you’re changing it from a smartphone to a tablet.When the FlexPai is unfolded, it has a 7.8-inch display, which can be used in split-screen mode for seamless scrolling. It’s easy to stream digital content or read articles online, due to the FlexPai’s high-definition pixel quality. The FlexPai screen can display incoming call, text, and social media messages, so you won’t miss notifications. Plus, the FlexPai has two cameras that can capture pictures at different angles.Even though the FlexPai isn’t the most attractive electronic, its engineering concept could be useful if you don’t want to carry a smartphone and a tablet at the same time. Samsung, another major mobile company, is also allegedly unveiling its first foldable smartphone this year. Until then, the FlexPai will be the only foldable smartphone-tablet hybrid on the market.More on Geek.com:Tbe Acer Predator Triton 900 Gaming Laptop Flip Turns Upside-DownThis Smart Mirror Gives You More Time to Admire YourselfJAXJOX’s Connected Kettlebell Brings Smart Workouts to CES 2019 2019 Tech Trends Worth Getting Hyped AboutYou Can Finally Buy A Terabyte SD Card Thanks to Lexar Stay on target
Rafael da Silva believes Ole Gunnar Solskjaer has restored Paul Pogba and the rest of the Manchester United squad’s happiness.Under Jose Mourinho, things reached a boiling point by the time he was fired in December amid fractured relationships with the club’s players and staff following a turbulent start to the season.The Portuguese coach’s deteriorating relationship with Pogba had been widely reported on after the pair were caught on camera in a tense training ground exchange back in September following United’s shock Carabao Cup exit at the hands of Championship side Derby County.Mourinho even stripped Pogba of vice-captaincy and vowed that he would never captain the Red Devils again.But since Solskjaer replaced Mourinho in the Old Trafford dugout, Pogba has managed an impressive eight goals and five assists in 11 games under the Norwegian.And former United defender Rafael, who now plays for Lyon in France, believes Solskjaer deserves full credit for this turnaround.“I wasn’t surprised, not at all, because I know Ole very well,” Rafael told SportsMax.“He’s the one who bought my brother [Fabio] at Cardiff City, and I was training with him in the reserves [at United], I played some games with him.
Liverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“He’s very strong mentally, he’s smiling, he’s making the players play for him. In today’s football, this is very, very important. Many players have the skills, but they need a coach who’s going to make them play for him.“This is what happened to Pogba. He wasn’t happy, he wasn’t smiling. A player like Pogba, if he doesn’t smile, if he doesn’t want to play, it’s hard. Now, they all want to play.“Mourinho, in truth, it seems like this is the opposite, the players were not happy, they were thinking about defending too much all the time.“Some players know how to defend, but when you talk too much, ‘you have to defend, defend’, they get tired. Maybe, I’m saying maybe, this is what happened, I don’t know.“The thing about players smiling, [Alex] Ferguson was like that as well. Of course, some games he was telling you, ‘be careful, you have to defend’, but he was never saying, ‘defend, don’t attack’.“He was never saying that. It’s important for the players, because if they think only about defending, you can’t even defend, because you’re thinking too much, and then it’s over.”Rafael played for United between 2008 to 2015 and managed 169 appearances in all competitions along with winning three Premier Leagues, one EFL Cup and the FIFA Club World Cup.
South Florida records first cases of Zika virus Facebook Twitter Google+LinkedInPinterestWhatsAppLondon, June 4th 2015 – World Travel Awards announces Delta Air Lines as the Official Airline Partner for the upcoming Latin America Gala Ceremony 2015.Visiting Colombia for the first time, the World Travel Awards Latin America Gala Ceremony will take place on October 10th in Bogota.The event will receive tourism leaders from across the region, as well as influential business directors and entrepreneurs.Commenting on the deal, World Travel Awards President Graham Cooke said: “It is an honor to welcome Delta Air Lines as our Official Airline Partner for the Latin America Gala Ceremony 2015. The world’s largest airline by market capitalisation, Delta is the perfect partner for us in the region.”He added: “I look forward to welcoming them to Gala Ceremony alongside our other guests for what is sure to be a fantastic night in Bogota.”Delta Air Lines serves more than 170 million customers each year. With an industry-leading global network, Delta and the Delta Connection carriers offer service to 335 destinations in 64 countries on six continents.Headquartered in Atlanta, Delta employs nearly 80,000 employees worldwide and operates a mainline fleet of more than 700 aircraft.“The World Travel Awards recognise quality and excellence in the travel industry, values that Delta is committed to upholding,” said Nicolas Ferri, Delta’s vice president for Latin America and the Caribbean.“Delta focuses its efforts on being the best US airline in Latin America and the Caribbean. Every day, we work to improve our regional alliances and strong global network in order to offer our Latin American customers the best travel experience.”Delta is a founding member of the SkyTeam global alliance and participates in the industry’s leading trans-Atlantic joint venture with Air France-KLM and Alitalia as well as a newly formed joint venture with Virgin Atlantic.Including its worldwide alliance partners, Delta offers customers more than 15,000 daily flights, with key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, New York-JFK, New York-LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita.World Travel Awards (WTA) was established in 1993 to acknowledge, reward and celebrate excellence across all sectors of the tourism industry. Today, the WTA brand is recognised globally as the ultimate hallmark of quality, with winners setting the benchmark to which all others aspire.In 2015, WTA will celebrate its historic 22nd anniversary. Each year WTA covers the globe with a series of regional gala ceremonies staged to recognise and celebrate individual and collective successes within each key geographical region. Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Sandals Resorts International Honored At Annual World Travel Awards Related Items:Colombia, delta airlines, gala ceremony, latin america, world travel awards Mazagan Beach & Golf Resort to host World Travel Awards Grand Final 2015
Pete Kaiser wins the 2019 Iditarod Trail Sled Dog Race in Nome, Alaska on March 13 at 3:49 a.m. (Zachariah Hughes/Alaska Public Media photo) This year’s AFN Convention will take place October 17-19 at the Carlson Center in Fairbanks. The theme of this year’s AFN Convention is “Good Government, Alaskan Driven.” A press release describes the theme as “reflect[ing] the basic necessity of sound, fact-based government policy amidst Alaska’s current fiscal challenges.” AFN President Julie Kitka says that the gathering’s discussion will center on building an Alaska that all Alaskans want to live in. 
Pete Kaiser, last year’s Iditarod Champion and Bethel’s own hometown hero, will deliver the Keynote Address at this year’s Alaska Federation of Natives Convention. Kaiser is the first musher of Yup’ik descent to win the Iditarod and is a four-time winner of the Kuskokwim 300 Sled Dog Race.
Defence Attache of China in Bangladesh senior colonel Liu Fangjian highlights `steady and rapid progress` in Bangladesh-China military cooperation in recent years. Photo: CollectedDefence Attache of China in Bangladesh senior colonel Liu Fangjian on Thursday highlighted the “steady and rapid progress” in Bangladesh-China military cooperation in recent years.He esteemed the frequent high-level visits, continuously deepening pragmatic cooperation and fruitful cooperation in personnel exchange and training, reports UNB.The Defence Attache, while addressing a reception at China embassy in Dhaka, said prime minister Sheikh Hasina paid a successful and fruitful visit to China this month, which maintained new “momentum of cooperation” between the two armed forces.He also mentioned that after president Xi Jinping’s historical visit to Bangladesh in October 2016, the bilateral relationship was lifted to the Strategic Partnership of Cooperation.The embassy of the People’s Republic of China in Bangladesh hosted a reception in celebration of the 92nd anniversary of the founding of the Chinese People’s Liberation Army (PLA).Over 300 guests, including high-ranking officers and officials, from Bangladesh as well as diplomats, military attache and scholars attended the reception.He said China remains firm in pursuing an independent foreign policy of peace and a national defense policy that is defensive in nature.”China is a major contributor to the UN Peacekeeping budget and the largest troop contributing country among the permanent members of the UN Security Council.”
Share Jeremy Raff/KQEDBrigida Gonzalez (right) works as an interpreter at Natividad Medical Center in Salinas, Calif. To embed this piece of audio in your site, please use this code: 00:00 /11:57 Listen
X On July 30, the Jung Center will present The Ethics of Self Care, a workshop on something called vicarious or secondary trauma, which is when someone experiences the symptoms of trauma after witnessing or hearing about someone else’s experience, particularly from life-threatening situations. This most often affects those who work frequently with victims of trauma, such as health care professionals or members of the legal community.However, the presentation at the Jung Center will focus specifically on the work of interpreters, who not only have to translate someone’s words, but also their experiences and emotions, interpreting them first-hand.To discuss how interpreters deal with vicarious trauma, in the audio above Craig Cohen talks with Graciela Zozaya, a former interpreter who now trains other interpreters, and the Jung Center’s executive director Sean Fitzpatrick. 
This story originally appeared on Fortune Magazine How Success Happens Fox Sports and NextVR are teaming up to bring the NCAA’s March Madness series into virtual reality. As part of the partnership between the sports broadcaster and virtual reality livestreaming company, the entire Big East tournament at Madison Square Garden will be livestreamed in VR.NextVR will livestream four games on March 10, two games on March 11, and the championship on March 12, marking the first time an entire tournament will be captured for the growing virtual reality audience.Dave Cole, co-founder of NextVR, says the company’s work with livestreaming NBA games such as the Golden State Warriors’ opening night this season has helped prepare the team for tackling college hoops.“NextVR has years of experience capturing NBA basketball in VR we are bringing to bear here,” Cole says. “That includes best camera positions, inclusion of broadcast elements in the VR delivery, sound design, graphics, etc.”Fox Sports and NextVR previously worked together to bring the Daytona 500 NASCAR race and the Premier Boxing Champions to virtual reality viewers.Viewers who download the NextVR app for the Samsung Gear VR headset will see the hardwood action from a variety of perspectives.Michael Davies, senior vice president of field and technical operations at Fox Sports, says a low, mid-court camera treat viewers with a spectator perspective, while each basket will be available for dunks and up-close action. NextVR will also use a wideshot perspective. Fox will implement a pop-up window resembling a giant TV, which will offer replays, pre-produced features and commercials in 2-D within the virtual reality environment.David Nathanson, head of business operations at Fox Sports, says virtual reality is a technology that allows the broadcaster to create a completely unique experience with perspectives that fans wouldn’t be able to get unless they had the most expensive tickets in the house, or they were credentialed to be on the ground floor of that sporting event.“Our job is to be at the forefront of virtual reality and ensure that if this is something that brings our sponsors, our distribution partners, and ultimately the sports fan, closer to the game, then we take advantage of it,” Nathanson says.This is the first college sports event being piped to the virtual reality demographic, which traditionally has been a young, tech-savvy audience. The $99 Gear VR is also one of the most affordable entry points into virtual reality.“We expect the college sports enthusiast demographic to be hugely receptive to VR,” Cole says. “We’ll soon see if the intersection of this demographic and the VR installed base is higher than usual. Our expectations are quite good.”This is also the first livestreamed event available to owners of the new Galaxy S7 smartphone, which has been designed for virtual reality. Cole says the new phone uses the Qualcomm Snapdragon 820, which offers a 30 to 40 percent improvement in battery life when watching virtual reality content. That should come in handy with so many back-to-back games.Viewers of the entire tournament may get different broadcasts from game to game, according to Davies. One game could pipe in the broadcast commentary, while another could offer an in-the-stands-like perspective with only natural sounds such as the cheering crowd and the squeaks of the sneakers on the court.“We’re still in the testing phase of this,” Davies says. “People who are watching this now are early adopters. They’re tech savvy and interested in being part of the process over the evolution of this technology. Every time we cover an event, we learn something.”Ultimately, Davies says the goal is to experiment now while there’s still a small audience watching so that by the time mass adoption hits, the producers will know what works and what doesn’t. Hear from Polar Explorers, ultra marathoners, authors, artists and a range of other unique personalities to better understand the traits that make excellence possible. March 8, 2016 4 min read Listen Now
No related posts. Instructions:1. Click on each clue to begin filling out the corresponding boxes in the crossword.2. Click again on a box to switch from the “Across” or the “Down” word.3. Verify a single letter, full word or the completed crossword from the “Check” menu.4. If you need a little help, click on the “Hint” menu to get a letter, a complete word or to see the full solution.5. If you prefer the old-fashioned way, you can print the grid and the clues list from the “Game” menu option.6. Enjoy! Facebook Comments
AmazonCosta Rica announced that it will hire 400 new employees for its support services centers in the provinces of San José and Heredia.The U.S. online retail giant will be hiring staff for management positions in administration and human resources, and will be looking to recruit technical staff for customer service.Candidates should be proficient in a second language including English, Portuguese, German, French or Italian.“At Amazon we grow and hire all the time. We are happy to create jobs and we invite all interested candidates with excellent command of English or other languages to come to our facilities or to apply online,” said General Manager of Amazon Costa Rica Alejandro Filloy.Job interviews will be conducted at the company’s facilities on Calle Blancos, northeast of San José, where Amazon will hold a job fair on Thursday, July 9 from 7:00 a.m. to 2:00 p.m. Interested candidates also can apply online at: www.amazon.jobs.Amazon Costa Rica currently employs some 2,500 people who provide technical and administrative support to customers and distributors in the U.S., Spain, Mexico and Brazil. Facebook Comments Related posts:Costa Rica’s restaurant franchise sector plans new openings, more jobs Tech company Ingram Micro to hire 120 employees in Costa Rica US company World Fuel Services seeks 70 bilingual employees Private sector confidence remains lukewarm
in Data, Origination, Servicing August 22, 2012 452 Views Agents & Brokers Home Values Housing Affordability Investors Lenders & Servicers Processing Service Providers Zillow 2012-08-22 Tory Barringer “”Zillow””:http://www.zillow.com/ released on Tuesday its Real Estate Market Reports for July, revealing that the company’s Home Value Index hit $151,600 for the month, a 0.5 percent gain from June and a 1.2 percent increase year-over-year. [IMAGE]Of the metro areas covered in the reports, 62 percent saw home values climb during July, with only 49 of the 167 areas posting declines. Of the 30 largest areas covered, the Phoenix metro experienced the largest monthly increase (2.2 percent), followed by San Francisco (1.2 percent) and Denver (1.0 percent).While rising home values may be taken as a sign of a healing [COLUMN_BREAK]market, Zillow chief economist “”Stan Humphries””:http://www.zillow.com/profile/Stan-Humphries/ said these increases should simmer down in the coming months.””This summer, the housing market continued to heal, as home values experienced their eighth consecutive month of increases,”” Humphries said. “”Tight inventory levels are leading to bidding wars and multiple offers across the country. Looking ahead, we expect to see less aggressive increases in the fall as rising values lift some would-be sellers out of negative equity, allowing them to place their homes on the market.””Rents also continued to rise, inching up 0.2 percent from June for a 5.4 percent year-over-year gain. According to Zillow’s Rent Index, the average rent hit $1,278.Nationally, rents have increased in 6 out of the last 12 months, with 70 percent of metro areas reporting rent increases from June to July.Several metros where home values continue to decline showed large annual increases in rent, including Chicago (12.6 percent rent price gain), Providence, Rhode Island (12.1 percent), and Baltimore (11.9 percent). Larger rent values in these areas were attributed to continued high foreclosure levels in those markets. While foreclosure continued to decline in July, historically high levels have driven up rental demand in some markets.
Home Values Gain as Market Cools Heels in July Share
The “”Pentagon Federal Credit Union Foundation””:http://www.pentagonfoundation.org/site/PageServer?pagename=home_index (PenFed Foundation) is on track to give away a record number of grants this year through its Dream Makers program.[IMAGE]Under the Dream Makers program, the PenFed Foundation–a nationally recognized nonprofit created to provide finance management assistance and homeownership aid to service members–offers grants to qualifying military personnel and veterans who are buying their first homes. These grants cover a portion of their down payment and closing costs.””Members of our nation’s military frequently move, living on bases around the country and overseas,”” explained Kate Kohler, COO of the PenFed Foundation and former Army captain. “”When they are finally able to settle down, they often need a little help when purchasing their first home.””According to a release, 84 grants have already been given out this year, putting the foundation within reach of surpassing its high record of 93 grants in 2011. The program’s rise in popularity over the last few years is attributed to declines in interest rates and a wind down of the wars in Iraq and Afghanistan. Service members or veterans can “”apply for a grant””:http://www.pentagonfoundation.org/site/PageServer?pagename=dream_index online. Grantees don’t need to be a member of the Pentagon Federal Credit Union, and the grant can be applied to a mortgage from any financial institution.””With fewer service members heading overseas and longer station assignments, more of them are looking to buy a home,”” Kohler said. “”Through our Dream Makers program, the PenFed Foundation is planning on helping them make that part of the American dream come true.”” Agents & Brokers Attorneys & Title Companies Company News Credit Unions Investors Lenders & Servicers Processing Service Providers 2012-10-31 Tory Barringer Ginnie Mae Veteran lending policy,PenFed Foundation on Track to Help Record Number of Military Families in Data, Government, Origination, Secondary Market, Servicing
October 31, 2012 549 Views Share
The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Glendale, Ariz. — Sunday was the final day of Arizona Cardinals training camp that would be without pads, and from the sound of it, both players and coaches were looking forward to getting it over with. Of Note– Chandler Catanzaro looked good during field goal drills again, appearing to make all five of his attempts. Fellow kicker Danny Hrapmann connected on three of his four tries.– Second-year pro Alex Okafor has been getting a lot of praise of late. Arians said the light seemed to go on for him around the fourth OTA of the summer. Grace expects Greinke trade to have emotional impact Comments Share Top Stories – Teddy Williams is working to make the transition from receiver to cornerback, and he looked good picking off a Carson Palmer pass late in practice. Making the switch tougher is the fact that Williams is recovering from a ruptured achilles that ended his 2013 season.– Logan Thomas hit Jaron Brown on a nice deep ball late in practice. Stat of the DayThe Cardinals intercepted 20 passes last season, but only 10 of those belong to players still on the roster.Quotes of the Day“If anybody goes and says they’re starting, you’re writing the wrong thing. They’re lining up first today.” – Bruce Arians on jobs being up for grabs“I think he probably threw it a little quick. I didn’t get my head around fast enough. (He’s) trying to give people concussions out there, you know.” – Tight end Troy Niklas on getting hit in the helmet with a Logan Thomas pass Saturday“Obviously missing the whole season man, it kind of gets you itching a little bit, so just getting back out there is a great feeling. Sometimes when you’re sitting on the couch you forget you’re a football player. So getting out there, reminding me what I can do, and I’m ready to help the team.” – Alex Okafor on finally getting a chance to play again Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires – / 23
Hellenic Bank, the third-largest Cypriot lender, announced an after-tax loss of €17.8m in the first nine-months of 2017 compared to a €5m profit in the respective period of last year.The worsening of profitability was mainly on an increase in provisions to €85.3m in January to September against €64.1m in provisions in the respective period of 2016, the lender said on Thursday. Net interest income dropped to €99.2m from €110.7m respectively.The bank, which in July launched APS Debt Servicing, a joint venture with the Prague-based APS Holdings, to manage its non-performing loan stock and real estate assets, said that the ratio of its delinquent loans dropped for the eighth consecutive quarter to €2.3bn in September or 55.7 per cent of total loans from €2.5bn or 58.2 per cent in December last year. The coverage ratio of provisions was 61.4 per cent.The lender said that its core equity tier 1 (CET1) ratio stood at 14.45 per cent at the end of the third quarter against a regulatory requirement of minimum 9.25 per cent. The capital adequacy ratio stood at 18.12 against a minimum 12.75 per cent set by the regulator.“We made further progress in materialising our strategic priorities in the third quarter of 2017,” the bank’s top executive Ioannis Matsis said. “The capital basis of the group remains strong”.Matsis said that the impact of the implementation of the international financial reporting standard 9 in January next year will have an impact of more than €25m and less than €50m on the bank’s capital compared to June 2017.A voluntary retirement scheme announced by the bank recently will help reduce costs and improve the bank’s cost-to-income ratio, of 63.9 per cent in September compared to 57.9 per cent a year before, Matsis said. The lender is introducing a new organisational structure in an attempt to improve customer service and reduce costs.In the first nine months of 2017, the bank extended €334m in fresh lending, Matsis said.You May LikePopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoSmart Tips DailySeniors With No Life Insurance May Get A $250,000 Policy If They Do ThisSmart Tips DailyUndo Pensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’UndoThree arrested in connection with hotel theftsUndoby Taboolaby Taboola