Banking and Finance

The Bank of Cyprus (BoC) on Tuesday announced that it has revised its privacy statement as part of a broader strategy to ensure the comprehensive protection of personal data. This ...

New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Greek lender Eurobank S.A. announced on Monday that it repurchased over 2.7 million of its own shares during a five-day trading period at a total cost exceeding €11.3 million. The transaction ...

The household saving rate in the euro area remained stable at 14.3 per cent during the first quarter of 2026, according to a report from Eurostat. This stability is attributed to the ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides this week participated in the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, an annual gathering focused on monetary ...

Freedom24 has won two honours at the 2026 FinTech Awards, receiving recognition for its pan-European retail investment platform and its artificial intelligence-powered compliance technology, the company announced this week. The European ...

Cyprus urged to bring financial literacy into classrooms early As financial literacy climbs the policy agenda in Cyprus, questions remain over whether children are being equipped with the practical skills ...

The Central Bank of Cyprus (CBC) continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, according to its latest annual climate-related financial disclosures released this week. The ...

Greek banks, some of which are also operational in Cyprus, are moving closer in line with European peers after restoring capital adequacy, ranking among the most profitable in Europe and ...

The National Bank of Greece acquired 675,000 of its own shares between June 22, 2026, and June 29, 2026, as part of an ongoing share buyback programme. The transactions were executed at a weighted average ...

The Bank of Cyprus on Thursday announced that it received two major honours at the EMEA Finance Achievement Awards 2025 for its €300 million Tier 2 bond issuance, further strengthening its standing in ...

Retail proprietary trading is no longer among the European Securities and Markets Authority’s (ESMA) immediate regulatory priorities, according to Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides, despite ...

The ECB is considering doubling the proportion ​of cash lenders must keep as reserve in an unremunerated account, six sources told Reuters, which ‌would cut the central bank’s own ...

Eurobank says 96 per cent of transactions are now digital Eurobank this week presented its new Banking Forward strategy in Athens, outlining a €1 billion technology investment programme alongside a broad digital ...

The value of loans managed outside Cyprus’ banking system increased by €256 million during the first quarter of 2026, according to figures released this week by the Central Bank of Cyprus (CBC), ...

Rating agency Moody’s has estimated that while the impact of recent legislative intervention regarding loans under the Katseli law is not negligible for Greek banks, the associated costs remain ...

Eurobank announced on Monday that its board of directors decided to appoint John Arthur Hollows, an independent non-executive board member, as a new member of the audit committee. The appointment, ...

Greek lender Alpha Bank announced this week that shareholders will receive a cash dividend following the approval of the distribution by the bank’s annual general meeting held on June 26, 2026. ...

The annual growth rate of the broad monetary aggregate M3 rose to 3.2 per cent in May 2026, up from 2.7 per cent in April, according to a report from the European Central ...

The Central Bank of Cyprus (CBC) announced on Monday that it has decided to maintain the countercyclical capital buffer rate at 1.5 per cent. The CBC determined that the current level ...

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial institutions. Total ...

Eurobank announced on Monday that it successfully repurchased 2,977,805 of its own shares during the period between June 22, 2026, and June 26, 2026. These transactions were conducted on the Euronext Athens stock exchange as ...

The Bank of Cyprus Holdings Public Limited Company announced on Monday that its board of directors will meet on August 03, 2026, to review the financial results for the six months ended ...