Banking and Finance

Goldman Sachs has placed Greek banks among its highest-conviction European banking picks for September and the final quarter of 2026, citing attractive valuations compared with other markets, particularly Spain. The US ...

Financial services firms are moving rapidly to adopt artificial intelligence but remain poorly prepared for the workforce changes it could bring, according to a PwC survey of more than 1,000 senior ...

The European Central Bank (ECB) is expected to raise interest rates on September 10 for the second and final time in its shortest cycle of rate increases in 15 years, according to ...

Piraeus Bank SA announced this week that its wholly owned subsidiary, the Ethniki Hellenic General Insurance Company SA, has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200 million. The ...

The Bank of Cyprus (BoC) reiterated on Friday that it will stop paying dividends by cheque, with all future payments to shareholders holding their interests indirectly through depositary interests on ...

Trading in shares on the Cyprus Stock Exchange (CSE) reached €12.7 million in August 2026, with CISCO Ltd maintaining its position as the market’s leading member by share of trading, according ...

The Central Bank of Cyprus (CBC) has extended the deadline for applications for two senior positions, including a new role overseeing the planned Centre for Cyprus Economic and Monetary History. ...

Eurobank has updated its 2026 financial calendar, setting dates for its remaining results announcements and the payment of an interim dividend. The Greek banking group said its next scheduled financial update ...

The Cyprus Securities and Exchange Commission (CySEC) has urged Cyprus investment firms to review proposed European rules that could require some of the largest firms to become credit institutions. CySEC ...

Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of ...

Bank of Cyprus Holdings and the Bank of Cyprus on Thursday announced the appointment of Elisabet Pinilla Guell as an independent non-executive director, following approval from the European Central Bank (...

Eurobank has confirmed that 6,555,561 new ordinary shares, created through the exercise of stock options by management and staff, will begin trading on Euronext Athens on Friday, September 4. The announcement follows ...

The European Central Bank (ECB) reported this week that euro area borrowing costs were broadly stable in July, while recent Cyprus data showed deposit rates remained substantially below the euro ...

Cyprus banks reported stable lending standards and stronger household demand for credit during the second quarter of 2026, while uncertainty surrounding the Middle East crisis weighed on some business investment plans, ...

Alpha Bank Cyprus has won two awards at the 2026 World’s Best Digital Bank Awards, recognising its mobile banking application and integrated consumer banking website. The bank was named Cyprus ...

Eurobank has raised €600 million through a seven-year green senior preferred bond, with the final order book reaching about €1.4 billion as international investors showed strong demand for the issue, the bank ...

Financial technology and stockbrokerage company Freedom24 is exploring the possibility of establishing a presence in Geneva as the European financial technology firm considers Switzerland a market of long-term strategic interest, ...

Eurobank will issue more than 6.55 million new ordinary voting shares following the exercise of stock options by 231 members of its management and staff, with the new shares set to be ...

Eurobank raised €600 million through a seven-year green senior preferred bond on Tuesday, with the issue 2.8 times oversubscribed as investors responded strongly to the bank’s latest debt offering. The bond, ...

Alpha Trust Holdings has submitted a request to the Hellenic Capital Market Commission for the delisting of its shares from Euronext Athens, following Alpha Bank’s acquisition of 100 per cent ...

Cyprus is preparing a new interbank payment service that would allow customers to send money using only the recipient’s mobile phone number, with its introduction currently being considered for ...

Greek systemic banks have been placed among the European banking sector’s strongest performers by UBS, which has issued a buy recommendation on all four major Greek banking groups and ...

The European Banking Authority (EBA) has launched a consultation on new rules covering investment firms whose assets exceed €30 billion, setting out how the threshold should be calculated and when firms ...

The Association of Cyprus Banks (ACB) expanded its financial literacy initiatives during 2025 and the first half of 2026, supporting national efforts to improve financial education as Cyprus experienced strong economic growth ...