Banking and Finance

The Cyprus general government recorded a fiscal surplus of €593.4 million during January-April 2026, according to preliminary data released on Friday by the Cyprus Statistical Service (Cystat). The surplus corresponded to 1.5 per ...

Greek banks remain in a strong position despite recent weakness in their share prices, according to fresh assessments by Jefferies and UBS, with both investment houses maintaining positive recommendations for ...

The European Central Bank (ECB) published its May 2026 financial stability review on Wednesday, revealing that financial stability vulnerabilities remain elevated as a significant geoeconomic shock unfolds. According to the ECB, ...

The European Securities and Markets Authority (ESMA) has launched a consultation process regarding updated guidelines on standardised procedures and messaging protocols. This initiative is a critical component of the regulator’...

Russia has passed a law allowing its central bank and other financial institutions to operate their own defence systems and arm staff to repel drone attacks, a document published by ...

The Cyprus Securities and Exchange Commission (CySEC) has announced proposed amendments to the fees payable by entities operating in the collective investment management sector, launching a public consultation on the ...

The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the ​conflict has been far longer than projected and high energy ...

The National Bank of Greece announced this week that the lender successfully acquired 465,000 of its own shares during the period between May 14, 2026, and May 22, 2026. The weighted average price for these ...

The Bank of Cyprus Public Company Limited has decided to exercise its legal right for the early redemption of its outstanding senior preferred notes totalling €300 million. The parent entity, Bank ...

The Cyprus Stock Exchange (CSE) council on Tuesday announced the continued presentation of a special financial marking on the bonds of the Cyprus Development Bank Public Company Limited, following the ...

The Central Bank of Cyprus (CBC) hosted a high-level joint visit from top European financial regulators on May 22, 2026, to reinforce the island’s active involvement in continental banking mechanisms. According ...

Geopolitical challenges and sectoral transformation mean that adaptability will determine the leading players in the new era of banking, according to Eurobank. This was the key message highlighted by the ...

Banks in Greece and Cyprus are accelerating lending activity, with credit expansion expected to approach or exceed €15 billion this year, supporting both profitability and economic growth. The figures, shared by ...

Alpha Bank reported its first quarter 2026 results last week, showing solid operational performance but weaker headline profitability due to one-off costs and a softer capital position, according to analyses by ...

Revolut chief executive Nik Storonsky recently outlined an ambitious strategy to expand Revolut Business, aiming to position the company as the largest bank in the world. The internal communication to ...

The Central Bank of Cyprus (CBC) on Friday reported that total assets of investment organisations in Cyprus rose by 3.5 per cent by the end of March 2026, exceeding €8 billion. The increase ...

Cyprus-based cross-border firms drive surge in suspicious activity filings, says Mokas The Cyprus Securities and Exchange Commission (CySEC) has alerted regulated entities to strengthened anti-money laundering guidelines and new risk ...

President Nikos Christodoulides on Thursday rang the bell to close the day’s trading at India’s national stock exchange in Mumbai and did so on a day on which ...

Eurobank on Thursday opened a representative office in Mumbai, becoming the first bank from southeastern Europe to operate such a service in India. A ceremony was held to mark the ...

Global banking conglomerate HSBC this week released an investment report estimating that Greek banks remain among the primary beneficiaries of a more stringent monetary policy framework from the European Central ...

Greek lender Alpha Bank on Wednesday reported a strong operational performance in the first quarter of 2026, posting double-digit revenue growth and resilient profitability despite heightened geopolitical uncertainty, the bank announced. ...

Citigroup has raised its target price for Eurobank to €5.00 from €4.70, maintaining a buy recommendation following stronger first-quarter results and an upgraded profitability outlook. The investment bank said that, based on ...

The Bank of Cyprus (BoC) on Tuesday announced that 276,274 new shares issued to senior executives under incentive schemes will begin trading on May 20, 2026, on both Euronext Athens and the Cyprus ...

The Central Bank of Cyprus (CBC) on Tuesday issued an official public notice announcing that all banking institutions across the island will be closed to the public on June 1, 2026. The ...