Banking and Finance

Morgan Stanley has reiterated its positive stance on Greek banks, identifying Alpha Bank as its top pick and highlighting Eurobank’s earnings potential, as strong lending growth, resilient net interest ...

The Bank of Cyprus will announce its financial results for the first nine months of 2026 on November 5, after the group’s board reviews the figures at a meeting scheduled for ...

Bank of Cyprus (BoC) is celebrating 10 years of its antamivi rewards programme with an anniversary campaign offering prizes worth more than €300,000, giving cardholders the opportunity to win rewards through everyday ...

Barclays (BARC.L) said it would cut around 5,000 jobs or 5 per cent of ‌its workforce this year, as it uses technology such as AI to slash fixed costs and improve ...

All banks in Cyprus will be closed on Wednesday, October 28, to mark Ohi Day, the Central Bank of Cyprus (CBC) has announced. The central bank informed the public that banking ...

Greek retail investors are increasingly turning to stock markets with relatively small starting amounts and a long-term investment approach, according to a new report by Wealthyhood, the investment platform that ...

The Association of Cyprus Banks (ACB) is taking part for the sixth consecutive year in the ASPIS awareness campaign, urging the public to remain vigilant against online scams and protect ...

The National Bank of Greece has elected Adrianos Ifaistion Kyriazis as a non-executive member of its board of directors, representing the Hellenic Corporation of Assets and Participations, the bank announced ...

The Bank of Cyprus has completed its acquisition of performing loans worth approximately €130 million and deposits of around €440 million from the Cyprus Development Bank (CDB), following the receipt of all ...

Eurobank is considering establishing a representative office in Tel Aviv to strengthen its support for Israeli businesses and investors, as Cyprus seeks to build on closer economic ties with Israel ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that it has approved the listing of €50 million in new 13-week government treasury bills, following an auction held on October 19, with trading ...

Alpha Bank purchased 1,157,429 of its own shares for €4.88 million during the week ending October 16, as part of its ongoing share buyback programme, the lender has announced. The shares were traded ...

Greek banks are among Europe’s strongest performers in reducing credit risk costs, although their levels remain among the highest on the continent, according to an analysis by Morningstar DBRS ...

Revolut users reported that were now able to log into the banking app again by 5.30pm Cyprus time on Tuesday, after experiencing around half a day of access problems caused ...

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks (ACB), has helped introduce standardised environmental, social and governance (ESG) assessments to Cypriot businesses through an international platform designed ...

The Central Bank of Cyprus (CBC) has highlighted the importance of official statistics in helping citizens, businesses and policymakers understand economic and social developments, marking European Statistics Day on Tuesday. ...

The National Bank of Greece has purchased 330,000 of its own shares for a total of €5.36 million as part of an ongoing buyback programme approved by shareholders earlier this year. The ...

Online financial markets publication Finance Magnates has reported that FxPro has agreed to sell its Cyprus entity’s client book to Capital.com, with the transaction awaiting approval from the ...

Cyprus’ banking sector non-performing loan (NPL) ratio fell to 1.5 per cent at the end of July 2026, down from 1.6 per cent a month earlier, according to updated figures published by the ...

Women in Cyprus will be able to attend free financial empowerment workshops in Nicosia on November 10-11, organised by the Cyprus Committee for Financial Literacy and Education (CyFLEC) with the ...

Eurobank S.A. repurchased 1.95 million of its own shares for €8.65 million over five trading days between October 12 and October 16, the lender announced on Monday. The purchases were made under the ...

Demetra Holdings held €376.2 million in bank deposits and cash at the end of September 2026, representing 73.26 per cent of its total assets, according to an investment statement released through the Cyprus ...

The Bank of Cyprus (BoC) – the Cyprus Development Bank Group (CDB) agreement has been finalised, banking union Etyk said this week, following negotiations that raised the ceiling for voluntary retirement ...

The household saving rate across the euro area decreased to 14.2 per cent in the second quarter of 2026, down from 14.4 per cent in the first quarter, according to Eurostat. The statistical ...