Banking and Finance

The number of bounced cheques in Cyprus rose by 47.8 per cent in September 2026, reaching 34 cheques worth €97,622, compared with 23 cheques valued at €74,655 a year earlier, according to figures released on Wednesday ...

By Stephania Constantinou Early this month, the S&P 500 rose 0.6 percent to a new high, taking its gain for the year to more than 14 percent. The main reason is ...

Cyprus’ fintech sector is approaching 200 companies, with around 55 per cent involved in payments, but the growth of digital finance is putting fresh demands on regulation, cybersecurity and the people running ...

President Nikos Christodoulides said on Tuesday that Cyprus aims to strengthen its position in financial innovation, presenting the country as a gateway to the European market for international businesses and ...

Traditional banks have won the first battle with fintech companies, but Cyprus must speed up regulatory procedures, cut bureaucracy and attract skilled workers if it wants to compete in digital ...

Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some pointing to the potential for cyberattacks on banks or rogue ...

The Central Bank of Cyprus (CBC) will restrict its public counter services to 11am to 1pm on Friday, October 16, because of a scheduled emergency preparedness exercise at its premises. The ...

The European Central Bank (ECB) will hold two online workshops later this month and in November to explain the implementation of its Integrated Reporting Framework (IReF), which aims to standardise ...

Alpha Bank has purchased more than 2.24 million of its own shares for €9.69 million as part of its share buyback programme, according to an announcement published on Monday. Specifically, the lender ...

Cyprus’ financial intelligence unit (FIU) received 24,092 reports of suspicious transactions and activities in 2025, as the growth of crypto-asset services and cross-border financial business drove a sharp increase in submissions, according ...

The Cyprus Securities and Exchange Commission (CySEC) released an investor education booklet on Monday, focusing on digital financial literacy, investor protection and the risks of online investment scams. The publication ...

Eurobank repurchased 2,120,001 of its own shares on the Athens stock exchange between October 5 and October 9, spending a total of €9,606,163.33 as part of its ongoing share buyback programme. The bank paid ...

Morgan Stanley sees an opportunity to buy European bank shares following their recent decline, arguing that the sell-off reflects deteriorating sentiment in government bond markets and profit-taking rather than a ...

By Stelios Georgakis, Head, Directorate General Payments, Central Bank of Cyprus  Cyprus has long stood at the crossroads of continents, cultures and trade routes. Throughout its history, our island has ...

The National Bank of Greece has bought back 715,447 of its own shares for a total of €12.29 million between September 30 and October 8, 2026, as part of a share repurchase programme approved by ...

The Tel Aviv Stock Exchange, known in financial circles as “the Bursa”, is considering a bid for the Cyprus stock exchange (CSE), according to Israeli media reports. A source close ...

Eurobank has reaffirmed its support for young entrepreneurs and innovation in Cyprus, backing the annual youth entrepreneurship awards organised by the Cyprus Chamber of Commerce and Industry (Keve). The bank ...

The Athens Municipality and the National Bank of Greece have reached an agreement to resolve decades-old property disputes, with seven properties set to be transferred or otherwise made available to ...

The Central Bank of Cyprus (CBC) will hold a one-day coin design workshop on November 3, 2026, aimed at artists and designers interested in developing expertise in the field of numismatic art. ...

The European Central Bank (ECB) is proposing a major expansion of proportionality in banking supervision that could bring around 150 additional smaller banks under a lighter regulatory framework, according to ECB ...

Bank of Cyprus (BoC) received 14 awards at the 2026 World’s Best Digital Bank Awards, organised by Global Finance magazine, marking a significant increase in the total number of distinctions received ...

The electronic platform for depositors and bondholders burned in the 2013 bank bail-in will be reactivated over the next few days for people who previously applied but received no reimbursement, while ...

Cyprus’ securities regulator has ordered the suspension of trading in the shares of four companies listed on the Cyprus Stock Exchange (CSE) because they failed to publish required financial reports. ...

Cyprus households are earning relatively little on their bank deposits while facing a renewed rise in mortgage borrowing costs, according to new Central Bank of Cyprus (CBC) data that puts ...