Banking and Finance

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

Eurobank announced on Thursday that it had entered into a definitive agreement to acquire an additional 80 per cent stake in Eurolife Life Insurance, strengthening its position in the insurance sector. ...

Eurobank has announced that it has financed the development of the new UNIC Athens campus, a project exceeding €65 million that marks a major international investment for Cypriot higher education and ...

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by ...

The National Bank of Greece (NBG) announced operating profits of €23.6 million in Cyprus for 2025, representing a 39 per cent year-on-year increase. The bank stated that it “records, for yet another year, ...

The National Bank of Greece (NBG) has announced it will proceed with the early repayment of a bond loan it had previously issued, exercising its call option ahead of maturity. ...

Although the banking sector in Cyprus remains resilient, it displays limited vigour, while any tampering with the foreclosures framework could slow the clearing out of bad loans and also raise ...

Eurobank announced the successful completion of its share buyback programme on Monday, following a final series of transactions conducted on the Euronext Athens during late April. Specifically, the bank stated ...

Greek banking groups operating on the island can actively support the Cypriot economy, according to Bank of Greece governor Yannis Stournaras. Speaking to Phileleftheros, Stournaras stressed that Greek and Cypriot ...

Cyprus household financial assets reached €65.1 billion at the end of December 2025, while household debt stood at €19.8 billion, corresponding to 54 per cent of gross domestic product, according to the Central Bank ...

Visa shares jumped 5 per cent in premarket trading earlier this week as the payments-processing company beat estimates for second-quarter profit and lifted expectations for full-year earnings, buoyed by resilient consumer ...

The Bank of Cyprus (BoC) has released a statement related to its total issued share capital and voting rights, providing shareholders with updated figures for regulatory reporting purposes. The company ...

President Nikos Christodoulides addressed an event marking the 30th anniversary of the Cyprus Securities and Exchange Commission (CySEC) on Wednesday evening, highlighting its role as a cornerstone of the country’...

The Association of Cyprus Banks has outlined a new strategy focused on strengthening outward engagement, as newly appointed director general Marios Skandalis presented the plan during a media briefing. Speaking ...

Eurobank S.A. shareholders convened in a hybrid annual general meeting this week to approve a massive €258.7 million dividend distribution and a comprehensive share buyback programme. The meeting, held April 28, ...

The Central Bank of Cyprus (CBC) has reported a significant increase in loans and deposits for March 2026, reflecting continued momentum in the country’s banking sector. Total loans recorded a ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced that it successfully hosted the European Securities and Markets Authority (ESMA) for its board of supervisors and management board meetings ...

Eurobank took part as a platinum sponsor in the Cyprus EMEA Healthspan Summit on April 27–28, underscoring the strategic importance of the health sector for sustainable growth in Cyprus. The international ...

Alpha Bank successfully returned to international capital markets this week, completing the pricing of a €600 million Green Senior Preferred Bond, while also finalising its share buyback programme. The bank announced ...

The European Central Bank (ECB) on Wednesday reported that the annual growth rate of the Eurozone broad monetary aggregate M3 climbed to 3.2 per cent in March, up from 3.0 per cent ...

The Bank of Cyprus Holdings PLC has amended the final terms of its €650 million Series 2 Floating Rate Covered Bonds (ISIN: XS0718673311). According to the announcement, these bonds, which are entirely ...

Eurobank executives used their participation at the 11th Delphi Economic Forum to outline the challenges of the energy transition, as well as the need for a new productive model for ...

Bank branches remain important but are changing role after a decade of intense digital transformation, according to National Bank of Greece (NBG) general manager of transformation, strategy and international activities ...