Banking and Finance

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

The Central Bank of Cyprus (CBC) on Thursday published its latest quarterly financial accounts for the quarter ending March 2025, showing continued growth in financial assets, a reduction in household and ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday reported that the total assets under management (AUM) of Collective Investments in Cyprus reached €10.7 billion during the first quarter of 2025. According ...

The Cyprus Banks Association and its member banks this week announced measures aimed at providing immediate relief to households and businesses affected by the devastating wildfire in Limassol. In a ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday launched a public consultation on a proposed legislative amendment concerning the authorisation of Administrative Service Providers (ASPs). Specifically, CySEC published a ...

The Cyprus Borrowers Association (Syprodat) this week called on the government to suspend the repayment of loan obligations for fire-affected citizens. It also urged the government to halt all foreclosure ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning about malicious websites falsely claiming to be associated with the regulator and offering to recover investment losses for investors. ...

The Bank of Cyprus (BoC) on Monday announced that its board of directors will meet on August 4, 2025, to examine the financial results for the Bank of Cyprus Group for the ...

Total deposits in Cyprus recorded a net increase of €654.7 million in June 2025, compared to a net increase of €20.8 million in May 2025, according to data released by the Central Bank of ...

The Cyprus Securities and Exchange Commission (CySEC) has released its annual statistical bulletin for 2024, providing a detailed overview of the performance of the regulated entities under its supervision. In its ...

Bank of Cyprus Holdings Public Limited Company (BOC Holdings) has announced the completion of its acquisition of 100 per cent of Ethniki Insurance Cyprus Ltd, following a binding agreement signed with ...

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...

Eurobank has retained its position as the top asset manager in Greece, according to Maria Koletta, head of sales and assistant general manager at Eurobank Asset Management Mutual Fund Management ...

Credit transfers remain the most popular non-cash payment method in Cyprus by total transaction value, accounting for 83 per cent, according to a report published on Thursday by the Central Bank ...

Limassol has emerged as the strongest performer for high-end house rentals in Cyprus’ residential property market, while Nicosia recorded the lowest average rents, according to a report released on Wednesday ...

The Bank of Cyprus (BoC) on Wednesday announced that it has issued 8,573 new shares to members of its general management under its short-term incentive plan, according to a formal information ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €28.35 billion as of June 30, 2025, according to a report by governor Christodoulos Patsalides. The largest component of the central ...

Chief marketing officers (CMOs) in the online trading and CFD sector face exceptionally short tenures, with firms based in Cyprus, the United Kingdom, and the UAE showing similar patterns, according ...

The Cypriot economy continues to demonstrate significant resilience and adaptability despite ongoing global uncertainty, according to Central Bank of Cyprus (CBC) governor Christodoulos Patsalides. In its June 2025 economic bulletin, the ...

Government debt across the euro area and European Union rose in the first quarter of 2025, while Cyprus recorded one of the largest annual decreases in debt and posted a strong ...

The Cyprus Stock Exchange (CSE) announced on Monday that it will remove AstroBank’s bonds from trading after the bank completed the early redemption of the securities under their original ...

The healthcare financing partnership between AlKhair Capital and UAE-based fintech KLAIM, targeting up to $50 million in deployment, signals more than just another cross-border collaboration. It represents how Gulf-based Islamic finance ...

Here are the top business stories in Cyprus from the week starting July 14: The finance ministry has “absolutely refused” to pay any money to Greece’s independent transmission system operator (...

The Cyprus Securities and Exchange Commission (CySEC) has confirmed that the Administrative Court has annulled its decision to impose major fines on Ioannis and Amalia Vardinoyiannis, following a long-running legal ...