Kyriacos Nicolaou

Greek lender Eurobank is preparing to sell a mixed portfolio of non-performing loans (NPLs) worth €232 million, according to its first-quarter financial statements. The portfolio includes housing, business, small business, and ...

The Nicosia Chamber of Commerce and Industry (Evel) on Monday announced the appointment of Andreas Antoniades as its new director general. According to the announcement, the decision was ratified by ...

The International Air Transport Association (IATA) recently released a global progress report on the implementation of baggage tracking, showing that European airlines lag behind in adopting the latest measures proposed ...

The Bank of Cyprus announced on Monday that it completed a new round in its share buyback programme, which was originally disclosed in April of this year, with 34,150 shares being ...

The harmonised inflation rate in Cyprus increased by 2.1 per cent in April 2024 compared to the same period the previous year, according to the Cyprus Statistical Service. Official data showed that ...

Deputy Minister of Tourism Kostas Koumis on Friday said that tourist arrivals for the first four months of 2024 indicate that the island can achieve its goals for the year, despite ...

Deputy Minister of Tourism Kostas Koumis on Friday said that tourist arrivals for the first four months of 2024 indicate that the island can achieve its goals for the year, despite ...

Cypriot banks are well-capitalised and have shown a remarkable reduction in non-performing loans (NPLs), stated Claudia Buch, the new Chair of the Single Supervisory Mechanism (SSM). However, she urged caution ...

Bank of Cyprus Group CEO Panicos Nicolaou described 2023 as a milestone year for the organisation, as it became the first bank in Cyprus and Greece to secure approval from the ...

The Research & Innovation Foundation (RIF) on Friday unveiled its revamped innovation vouchers programme, offering €10,000 per project along with free support services to Cypriot small and medium-sized enterprises (SMEs). According ...

Eurobank Holdings this week released its financial results for the first quarter of 2024, showcasing significant growth and robust performance across various metrics, including in its operations in Cyprus. “Our performance ...

The Bank of Cyprus on Thursday released its financial results for the first quarter of 2024, posting a profit after tax of €133 million. While this figure represents a 4 per cent drop ...

Hellenic Bank on Thursday announced that it achieved a recertification under the International Energy Management System ISO 50001, focusing on energy management, for yet another year. “With a focus on energy ...

Cyprus is among the top three countries in the Eurozone with the highest growth rate in 2024, government spokesman Konstantinos Letymbiotis said on Thursday. In terms of further support measures, he ...

The Bank of Cyprus on Thursday released its financial results for the first quarter of 2024, posting a profit after tax of €133 million. While this figure represents a 4 per cent drop ...

The Cypriot economy exhibited its highest growth rate in the last five quarters during the first quarter of 2024, with Gross Domestic Product (GDP) increasing by 3.5 per cent compared to the ...

President of the Cyprus Hotel Association (Pasyxe) Thanos Michaelides this week raised concerns about a slowdown in summer bookings, indicating that 2024 may see a downturn compared to previous years. Michaelides ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, and the Cyprus Fiduciary Association (CYFA) inked a memorandum of understanding (MoU) on Wednesday, aiming to bolster their ties and ...

President Nikos Christodoulides praised the Cyprus Association of Large Investment Projects for its contribution to the economy, while also stressing the importance of public-private sector collaboration in order to address ...

The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and ...

The value of bounced cheques recorded in Cyprus reached €252,988 during the first four months of 2024, according to a report released this week by the Central Bank of Cyprus (CBC). These ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

Deputy Tourism Minister Kostas Koumis on Tuesday said that the total seat capacity airlines expect to offer for trips to Cyprus in the coming months will be similar to last ...

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank and the Best Investment Bank in Cyprus in its 2024 ...