Banking and Finance

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

The European Investment Fund (EIF) and Eurobank (Cyprus) on Tuesday announced the launch of the first InvestEU Guarantee transaction in Cyprus, unlocking €62.5 million in new financing for small and medium-sized ...

The Consumer Protection Service on Tuesday announced that it has imposed substantial administrative fines on the Bank of Cyprus and Eurobank (Cyprus) for including unfair terms in their mortgage loan ...

Eurobank Holdings this week announced that its subsidiary, Eurobank, has successfully completed an additional bond issuance following strong interest from institutional investors. The bank said the move concerns its high-priority ...

Atlantic Insurance Company Public Ltd on Tuesday announced that Astrobank has reduced its stake in the firm through a series of pre-agreed share sales. The company said that between September 16 ...

Finance education stands out for combining theory, practice, behavioural insights, and global financial systems, according to Constantinos Kourouyiannis, president of CFA Society Cyprus. In a piece of analysis released on ...

Greek investors prioritised technology and artificial intelligence stocks during the summer of 2025, according to a survey released this week by fintech app Plum. According to the survey, shares of Nvidia ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Monday announced changes to the composition of their board committees. Firstly, the new composition ...

Eurobank Holdings on Monday announced the acquisition of 2,712,383 of its own shares between September 15 and September 19 at an average acquisition price of €3.24 per share, for a total cost of €8.78 million. ...

Fintech companies continue to play a decisive role in shaping the future of technology for the financial services industry, according to market intelligence firm IDC. “While the names of the ...

Cyprus has received a credit rating upgrade from international agency DBRS Morningstar, moving from “A (low)” to “A” with a stable outlook. Saturday’s upgrade reflects the country’s improving ...

Artificial intelligence and automation are transforming Europe’s banking sector, reshaping employee roles, working models and skills requirements, Jens Tau, chairman of the Banking Committee for European Social Affairs (BCESA) ...

Net demand for loans rose in the second quarter of 2025, driven by both businesses and households, according to the Central Bank of Cyprus’ (CBC) bank lending survey. In addition, the ...

The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer staff to the public service. The agreement was formalised in the ...

The Bank of Cyprus (BoC) this week announced the results of its cash offer to holders of its outstanding €300 million Fixed Rate Reset Tier 2 Capital Notes due October 2031. According to ...

The Association of Cyprus Banks (ACB) has asked for the declaration process for the supplementary tax to be made simpler. Their comments were submitted as part of the public consultation ...

The Finance Ministry during the summer launched a public consultation on a proposed bill aimed at privatising the Cyprus Stock Exchange (CSE), which has since drawn mixed reactions from industry ...

The Cyprus Stock Exchange (CSE) this week announced the admission of new government treasury bills of the Republic of Cyprus to its regulated market. In a statement, the CSE said ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...

The Cyprus Stock Exchange (CSE) announced this week the suspension of trading for the 13-week Treasury Bills, 6th Issue, Series 2025, with code TB13F25. Trading will be suspended from September 16, 2025, ...

Eurobank Limited on Monday hosted a media gathering at its headquarters in Nicosia to provide updates on the recently completed merger between Hellenic Bank and Eurobank Cyprus. Chief executive officer ...

The European Central Bank (ECB) is under no pressure to cut interest rates further to achieve stable inflation, according to governing council member and Central Bank of Cyprus (CBC) governor ...

Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank Limited. In an official announcement, the new entity ...

The European Central Bank’s (ECB) Governing Council decided today to keep the three key ECB interest rates unchanged. “Inflation is currently at around the 2 per cent medium-term target and ...