Banking and Finance

The Bank of Cyprus (BoC) on Thursday announced that on September 10, 2025, it successfully launched and priced an issue of €300 million unsecured and subordinated Tier 2 Capital Notes under its €4 billion Euro ...

The Bank of Cyprus (BoC) on Wednesday announced that investment manager Wellington Management Group LLP has increased its stake in the bank, crossing the 6 per cent threshold of voting rights, ...

The gap between deposit and lending rates in Cyprus remains significant compared with the eurozone, with borrowing rates considerably higher and deposit rates comparatively lower, the Central Bank of Cyprus (...

The Cyprus Stock Exchange (CSE) on Wednesday announced that several shares will be removed and replaced across its main indices, the FTSE/CySE20, the General Index, and the New Market ...

The Finance Ministry on Wednesday announced that the 13-week government treasury bills from the sixth 2025 issue will reach maturity on September 19, 2025. These treasury bills, issued on June 20, 2025, are traded on ...

The Bank of Cyprus (BoC) on Tuesday confirmed through a regulatory filing that the European Bank for Reconstruction and Development (EBRD) has reduced its stake in the lender to zero, ...

Loans held by Cyprus’ credit acquisition companies reached €19.7 billion on June 30, 2025, according to data released on Monday by the Central Bank of Cyprus (CBC). Of the total amount, €18.5 billion were ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stressed the importance of Cyprus’ active role within the Eurosystem, highlighting both the responsibilities and opportunities stemming from participation in Europe’...

The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of ...

The Bank of Cyprus (BoC) has not yet made a decision on whether to establish a representative office in Greece, it emerged on Friday. According to a report by Philenews, ...

Hellenic Bank and Eurobank Cyprus this week announced that a unified schedule of rights and charges will take effect in Cyprus from November 3, 2025, as part of their ongoing merger, aiming ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced a new policy statement setting out the fees that financial entities must pay under the European Union’s Digital Operational ...

Compensation payments of about €44.36 million were made to 4,524 affected depositors and holders of securities from the 2013 banking crisis, government spokesman Konstantinos Letymbiotis said on Thursday. Speaking to reporters at the ...

The Cyprus Development Bank (CDB bank) on Thursday issued a clarification regarding media reports suggesting that the company may be the subject of an acquisition. “There is nothing specific to ...

The Cyprus competition commission on Thursday confirmed reception of a notification that Alpha Bank S.A., either directly or through Alpha Finance Investment Services S.M.S.A., intends to ...

The Bank of Cyprus on Thursday announced that the European Bank for Reconstruction and Development (EBRD), its last remaining legacy shareholder, has sold its entire stake in the lender. The ...

Consumer credit costs in Cyprus rose in July 2025 while overall new lending volumes fell sharply, according to the latest statistics released by the Central Bank of Cyprus. The figures, published ...

Bank employees’ union Etyk has issued a circular addressing growing speculation surrounding a potential takeover of the Cyprus Development Bank (CDB bank), stressing that it is monitoring developments closely. Etyk ...

The Bank of Cyprus Holdings Plc has announced the appointment of a new member to its board of directors. The announcement was published on September 1, 2025, through the Cyprus Stock Exchange. ...

The merger between Hellenic Bank and Eurobank Cyprus began today, September 1, 2025, with the transfer of all assets and liabilities of Eurobank Cyprus to Hellenic Bank. At the same time, the ...

The Cyprus Securities and Exchange Commission (CySEC) on Monday launched a new quiz designed to help investors assess their ability to recognise investment fraud. According to an official announcement, the ...

Hellenic Bank has received all necessary supervisory approvals to complete its merger with Eurobank Cyprus on September 1, according to the announcement, marking what it described as a new chapter for ...

Deposits of Cypriot businesses reached a historic €12.5 billion in July 2025, up from €11.7 billion at the end of last year and €9.18 billion in December 2019, according to Central Bank of Cyprus (CBC) ...

Cyprus’ public debt is expected to fall close to 50 per cent of GDP by the end of 2025, well ahead of earlier targets that foresaw a drop below 60 per cent by ...