Banking and Finance

The Bank of Cyprus on Friday has announced that it repurchased a total of 339,586 of its ordinary shares between May 16, 2025, and May 22, 2025. The shares, each with a nominal value of €0.10, ...

Hellenic Bank on Friday announced that it reaffirmed its commitment to Cyprus’ green transition during the second Green Agenda Cyprus Summit. According to the announcement, the bank supported the event ...

Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Thursday used his address at the 4th ICPAC Mediterranean Finance Summit to underline the importance of resilience in the face of ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of 317,817 additional ordinary shares of Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the ...

Cyprus and Finland pledged to deepen maritime cooperation during a bilateral forum in Helsinki on Tuesday, just ahead of the working visit of Cyprus President Nikos Christodoulides to Finland, which ...

A significant decline of 24 per cent was recorded in the number of building permits issued in Cyprus in January 2025, when compared to the same month in 2024, according to data released ...

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast ...

Founder and CEO of Freedom Holding Corp. Timur Turlov described Cyprus as the company’s “European gateway to global markets” during his address at the Sixth New York – Eastern Mediterranean ...

President Nikos Christodoulides on Tuesday welcomed the European Commission’s latest economic forecast, describing it as a “clear endorsement of Cyprus’ resilience, stability and prudent policymaking”. Speaking during the opening ...

The total assets of investment funds in Cyprus rose by €169.2 million, an increase of 2.3 per cent in March 2025, compared to December 2024, reaching €7.53 billion, according to the Central Bank of Cyprus (...

The Bank of Cyprus on Tuesday announced the allotment of 317,817 new shares to members of its general management as part of its long-term and short-term incentive plans. The shares have ...

Hellenic Bank on Tuesday released a statement summarising its participation at this year’s Reflect Festival, highlighting its commitment to innovation, digital transformation, and the strategic role of technology in ...

France and Germany are moving towards a joint European energy policy based on technological neutrality, marking a new phase in nuclear energy, according to Andreas Poullikkas, professor of energy systems ...

The Cyprus Development Bank (cdbbank) on Monday released its financial results for 2024, posting a profit after tax of €4.09 million. This represents a decline of approximately 41 per cent year-on-year, from the ...

Here are the top business stories in Cyprus from the week starting May 12: A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday ...

Alpha Bank Cyprus on Friday announced the addition of three seasoned professionals to its senior management team. The bank said that the new additions will “reinforce its leadership structure to ...

A new chapter in trilateral economic relations between India, Greece, and Cyprus was officially opened on Friday with the launch of the India-Greece-Cyprus Business and Investment Council (IGC) in Limassol. ...

Cyprus’ largest tech association, TechIsland, successfully hosted the TechIsland Summit 2025 in Limassol, its flagship annual gathering and a key stage of this year’s Reflect Festival. Bringing together leading figures ...

The imposition of tariffs is not expected to have a significant or immediate effect on the Cypriot economy, which remains resilient and continues to outperform most European countries, according to ...

The question is no longer hypothetical. As Cyprus sharpens its image as a destination for innovation, the Cyprus Stock Exchange (CSE) is quietly positioning itself as an untapped gateway for ...

Christophoros Anayiotos, Head of Deal Advisory at KPMG in Cyprus, presented the latest economic impact assessment of the island’s tech sector during the TechIsland Summit on  Thursday. According to ...

The Cyprus Securities and Exchange Commission (CySEC) this week issued two separate announcements relating to regulatory action and fund liquidation. In a decision made during its meeting on February 2025, the ...

Freedom Holding Corp., the parent company of Freedom24, announced this week that it exceeded $10 billion in market capitalisation. According to the announcement, this achievement was driven by a new all-time ...