Banking and Finance

Cyprus has taken another step towards digital transformation as the government, including all ministries, several municipalities and EOA, adopts the electronic invoicing service offered by Jinius, the integrated business ecosystem ...

U.S. President Donald Trump has pardoned Changpeng Zhao, the convicted founder of the giant Binance cryptocurrency exchange, a White House official said on Thursday, the latest in a series ...

Alpha Bank has launched its first green senior preferred bond, seeking to raise up to €500 million from investors. The bond has a six-year maturity, though it is callable after five ...

The Bank of Cyprus has completed one of the most extensive restructurings in Europe over the past decade, according to a new report by Eurobank Equities. The brokerage issued a ...

JP Morgan has reaffirmed its optimistic stance on Eurobank, suggesting the bank’s recent acquisition of Eurolife FFH’s life insurance operations will significantly boost profitability and returns over the ...

The Cyprus Securities and Exchange Commission (CySEC) this week adopted new joint guidelines, requiring financial entities to estimate the aggregated annual costs and losses caused by major Information and Communications ...

The Bank of Cyprus (BoC) on Wednesday announced that its 6th BoC Fintech Hackathon, held at the IDEA Innovation Centre from October 10–12, 2025, “concluded with resounding success”. According to the announcement, ...

The Cyprus Stock Exchange (CSE) on Wednesday announced the admission for listing of 25,000 new 13-Week Treasury Bills of the Republic of Cyprus. These newly listed government bills, which represent the 10...

The European Supervisory Authorities (ESAs) have issued joint guidelines designed to improve coordination, oversight, and information sharing between EU supervisory bodies under the Digital Operational Resilience Act (DORA), which becomes ...

With the ongoing cost-of-living crisis placing severe strain on household finances, the need for citizens to possess robust financial knowledge is more critical than ever. According to George Theocharides, chairman ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €30.07 billion as of September 30, 2025, according to its most recent financial statement signed by governor Christodoulos Patsalides. The statement ...

Eurobank’s decision to reacquire full ownership of Eurolife FFH Life Insurance has been described as a credit-positive development for the Greek lender, according to a Moody’s assessment. In ...

The Central Bank of Cyprus (CBC) marked European and World Statistics Day 2025 on Monday, joining institutions across Europe and beyond in celebrating the vital role of official statistics in modern ...

Autonomous Research has adopted a more cautious stance towards Greek bank stocks, saying that the market has already priced in much of the sector’s positive story. According to the ...

The financial world is undergoing a “radical transformation” driven by new technologies like artificial intelligence (AI), open finance, and Big Data analytics, according to Panikkos Vakkou, Vice Chairman of the ...

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

Ancoria Bank has announced a new interest rate of 1.50 per cent per annum for six-month Fixed Term Deposit Accounts, available to individuals and small to medium-sized enterprises (SMEs). The offer ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday reported that the number of Management Companies and Undertakings of Collective Investments (UCIs) reached 319 during the second quarter of 2025. At the ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...

The supreme constitutional court on Thursday upheld stinging fines that had earlier been slapped on four former senior executives at now-defunct Laiki Bank. The fines had been imposed on four ...

Freedom Holding Corp., a global financial services and technology group and the parent company of Freedom24, is celebrating six years since its listing on the Nasdaq exchange. “Since 2019, the company ...

The average interest rates for household deposits in Cyprus remained unchanged in August, compared with the previous month, while rates for business deposits decreased, according to the Central Bank of ...

Cypriot banks hold the highest levels of liquidity in the eurozone but maintain the lowest loan-to-deposit ratio, according to the Cyprus Borrowers Association (Syprodat). The association said that “to strike ...

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology group and the parent company of the Freedom24 investment platform, has been added to The Motley Fool’s Moneyball ...