Banking and Finance

The general assemblies of the members of the Cyprus Union of Bank Employees (Etyk) have approved the renewal of the collective agreement for the years 2023-2027, with a majority vote ...

The Central Bank of Cyprus (CBC) announced on Turesday that the Cyprus banking sector remained strongly capitalised, highly liquid and continued to improve its asset quality in the third quarter ...

The Cyprus Stock Exchange (CSE) released a statement this week confirming that parallel trading of Eurobank shares on its Main Market started on December 19, 2025. This marks a milestone for the ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that the redemption of units in certain collective investment schemes will be suspended on December 24, 2025, citing market conditions and the need ...

Eurobank has announced recent share buyback activity and changes in its shareholder structure following corporate actions, outlining developments affecting its capital and voting rights. The bank said it acquired 1.760.945 own ...

The Central Bank of Cyprus (CBC) has announced that it identified three credit institutions as Other Systemically Important Institutions for 2025 and increased their capital buffer requirements to strengthen the resilience ...

New bill to modernise Central Bank of Cyprus’ governance moves forward Finance Minister Makis Keravnos and Central Bank of Cyprus (CBC) governor Christodoulos Patsalides met on Mondayto discuss a draft ...

The Cyprus Union of Bank Employees (Etyk) on Monday announced that it has reached an agreement in principle with the Cyprus Bankers Employers Association (Kest) to renew their collective agreement ...

The Central Bank of Cyprus (CBC) has announced that all banks across the country will close on specific public holidays to mark the Christmas and New Year period. The announcement ...

Alpha Bank S.A. announced on Friday that it has agreed key commercial and legal terms for a strategic combination of insurance activities in Cyprus, aiming to create one of ...

The Cyprus Borrower Protection Association (Syprodat) this week announced that a new European Commission initiative on affordable housing highlights the urgent need for substantive housing policies in Cyprus. Syprodat explained ...

Cyprus’ financial watchdog CySEC on Monday announced that it imposed a €100,000 administrative fine on Cyprus Investment Firm Wonderinterest Trading Ltd after identifying repeated breaches of licensing and conduct rules, in ...

Alpha Bank Cyprus bets on green finance and innovation after merger Alpha Bank Cyprus on Wednesday said that 2025 marked a milestone year that reshaped its position in the local market. ...

The Bank of Cyprus (BoC) has signed a strategic partnership with Avenga for the co-development of a new digital platform leveraging Agentic AI and the full suite of Microsoft Azure ...

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the ...

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th ...

Cyprus continued to record relatively low levels of payment fraud in 2024, even as European banking supervisors warn that the overall risk landscape is evolving, with criminals increasingly shifting tactics rather ...

After a stellar 2025, investors expect shares in European banks to keep heading higher in 2026, supported by strong earnings and, crucially, cost savings stemming from artificial intelligence. As fears of a ...

Cyprus recorded one of the largest deficits in personal transfers in the European Union during 2024, according to Eurostat, highlighting the scale of money flowing out of the country to households ...

Eurobank chief executive officer Fokion Karavias said investments are a national necessity and Cyprus plays a pivotal role in the group’s future, in a wide-ranging interview with Greek business ...

The European Central Bank will leave interest rates unchanged on December 18 and keep them there through next year, according to a majority of economists polled by Reuters, as inflation is ...

The Central Bank of Cyprus (CBC) on Friday announced that it deemed it appropriate to maintain the countercyclical buffer (CCyB) rate at 1.5 per cent, effective as from January 14, 2026. The CBC’...

The Central Bank of Cyprus published its balance sheet this week, showing total assets and liabilities of €29.74 billion as of the end of November, 2025. Gold and gold receivables reached €1.45 bn, ...

Alpha Bank Cyprus on Thursday announced that it has successfully completed the certification processes for the international standards ISO 14001:2015 and ISO 45001:2018, integrating all its operations, branches, and workplaces into two ...