Banking and Finance

Euro area banks reported a small net tightening of credit standards for loans or credit lines to enterprises in the third quarter of 2025, with a net percentage of 4 per cent, ...

Barclays will buy US personal loan originator Best Egg for $800 million, the British bank said on Tuesday, as it tries to add scale in its personal banking business in the ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for an urgent and substantial reform of the bank’s governance model, arguing that the current structure is obsolete and ...

Eurobank’s board of directors has called shareholders to an extraordinary general meeting on December 3, 2025, to approve the merger of Eurobank S.A. with Eurobank Holdings S.A. through absorption ...

Piraeus Bank has been upgraded to the investment-grade rating of ‘BBB-‘ by Fitch Ratings, marking a significant development as the bank is now assessed at investment grade by three of ...

The European Central Bank will likely keep rates on hold again on Thursday as traders waver on whether it will resume easing next year. Renewed US-China trade tensionsprompted caution in ...

The Central Bank of Cyprus (CBC) announced on Monday that it is renewing the deadline for individuals and legal entities to submit requests for reduced legal expenses related to bank ...

Jefferies has reaffirmed its positive outlook on Greece’s two largest banks, the National Bank of Greece (NBG) and Eurobank, ahead of their upcoming third-quarter 2025 financial results. The investment firm ...

Deposits in Cypriot banks rose sharply in September, while lending also strengthened, reflecting resilient liquidity and stable credit demand, according to the Central Bank of Cyprus (CBC).  In its Monetary ...

Alpha Bank saw strong investor demand for its first-ever green senior preferred bond, marking its return to the international capital markets following the restoration of its investment grade rating. The ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has detailed the key risk drivers currently facing EU financial markets as geopolitical events continue ...

The European Banking Authority (EBA) recently published its annual report on convergence of supervisory practices for 2024 across the European Union. The report details the EBA’s extensive efforts to strengthen ...

The Central Bank of Cyprus (CBC) on Friday held its first special session on the digital euro, bringing together payment service providers, including banks, payment institutions, and electronic money institutions. ...

Astrobank on Friday announced the appointment of Baker Tilly Klitou and Partners Limited as its external auditors for the financial year 2025 and subsequent years. This follows the completion of an ...

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 ...