Banking and Finance

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) for exposures in the Republic of Cyprus at 1.5 per cent. In a statement on Monday, ...

The Cyprus Borrowers Association (Syprodat) this week described as a “significant turning point” the decision by the Consumer Protection Service to impose fines on the Bank of Cyprus and Eurobank ...

Bank deposits in Cyprus rose by a net €44.3 million in August, according to the latest deposit and loan statistics published by the Central Bank of Cyprus (CBC) this week. At ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a statement reaffirming that the country’s regulatory framework for the investment and capital markets sector is fully aligned with ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

As Cyprus, and the world, embraces digital payments, the latest report from the Central Bank of Cyprus (CBC) serves as a sobering reminder: with innovation comes vulnerability. The CBC’s ...

The Cyprus Securities and Exchange Commission (CySEC) has recently taken several enforcement decisions, imposing fines and bans on directors, penalising a company for late reporting, and approving the voluntary renouncement ...

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 ...