Banking and Finance

Public interest in acquiring shares in Cyprus’ proposed new cooperative bank has been encouraging despite the August holiday period, according to the president of the Pancyprian Cooperative Holding and Cooperative ...

The Bank of Cyprus (BoC) has updated its corporate financial calendar, setting key milestone dates for its forthcoming interim dividend distribution and future earnings announcements following a strong first-half financial ...

The Cyprus Financial Literacy and Education Committee (CyFLEC) on Tuesday launched moneypedia.cy, introducing Cyprus’s new national digital financial literacy portal designed to empower citizens through reliable economic knowledge. ...

The National Bank of Greece’s first-half performance has exceeded initial expectations, prompting Beta Securities to upgrade its forecasts for 2026 following the group’s stronger-than-anticipated results and a more favourable ...

The Bank of Cyprus (BoC) on Tuesday reported profit after tax of €252 million for the first six months of 2026, a 7 per cent increase year-on-year. It also announced a 20 per cent ...

UBS has raised its price target for Eurobank to €5.10 from €4.90, maintaining its ‘buy’ recommendation after the lender delivered stronger-than-expected second-quarter results and upgraded its outlook, with Cyprus continuing to play ...

Borrowing costs for businesses across the euro area increased in June while mortgage rates remained broadly stable, according to new figures released by the European Central Bank (ECB), with the ...

Europe’s three financial supervisory authorities have called for stronger governance, enhanced operational resilience and a more consistent supervisory approach to protect the European Union’s financial sector from the ...

The European Central Bank (ECB) has reported that euro area money supply growth accelerated in June, while lending to households and businesses remained broadly unchanged, pointing to continued expansion in ...

The Central Bank of Cyprus (CBC) on Monday reported that deposit interest rates increased while consumer borrowing costs eased in June 2026, with the value of pure new lending also recording ...

Greek lender Eurobank S.A. executed a €2.46 million share buyback between July 27, 2026 and July 31, 2026 as part of its ongoing capital management programme, the Greek lender announced on August 3, 2026. The transaction ...

Euro area net saving stood broadly unchanged at €902 billion during the four quarters to the first quarter of 2026, according to the European Central Bank’s (ECB) latest quarterly report. This ...

The European Central Bank (ECB) this week unveiled the accessibility features planned for the digital euro app, saying the platform will exceed European Union accessibility standards ahead of pilot testing ...

The Central Bank of Cyprus (CBC) has set the reference interest rate at 11.32 per cent under Article 314A of the Criminal Code Law (Cap. 154). The central bank said the reference ...

Eurobank on Friday reported €738 million in net profit for the first half of 2026, with its Cyprus operations contributing €231 million as the group raised its full-year outlook following stronger-than-expected performance. Adjusted ...

The Central Bank of Cyprus (CBC) on Friday highlighted the results of the European Central Bank’s (ECB) thematic reverse stress test on geopolitical risks, which assessed how 110 euro area ...

Household financial assets reach €65.30bn, central bank reports The Central Bank of Cyprus (CBC) on Friday published its Quarterly Financial Accounts for the reporting period ending in March 2026, providing an ...

The total number of automated teller machines (ATMs) across Cyprus fell slightly from 398 at the end of the second half of 2024 to 396 at the end of the second half of 2025, ...

The Central Bank of Cyprus (CBC) will overhaul the licensing process for electronic money institutions and payment institutions from August 3, 2026, introducing a new pre-application stage, higher fees and tougher scrutiny ...

ECB policy cycle reshaped Cyprus’ lending landscape, CBC says The Central Bank of Cyprus (CBC) on Friday published a new Economic Brief examining how the European Central Bank’s (ECB) ...

Alpha Bank has kept applications open until September 20 for its FinQuest 2026 innovation competition, inviting startups, fintech companies and scale-ups from across Europe to submit solutions aimed at transforming the banking ...

The Bank of England kept interest rates on hold as expected on Thursday, but a third policymaker backed a rate hike due to renewed conflict between the United States and ...

Patsalides warns inflation risks are rising over energy Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stated that inflation risks are gradually increasing because of persistently high energy prices, ...

The Bank of Cyprus (BoC) has been named Cyprus’ Best Digital Bank at the Euromoney Awards for Excellence 2026, recognising the lender’s digital achievements during the evaluation period from January 1, 2025 ...