Banking and Finance

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

Ancoria Bank has announced a new interest rate of 1.50 per cent per annum for six-month Fixed Term Deposit Accounts, available to individuals and small to medium-sized enterprises (SMEs). The offer ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday reported that the number of Management Companies and Undertakings of Collective Investments (UCIs) reached 319 during the second quarter of 2025. At the ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...

The supreme constitutional court on Thursday upheld stinging fines that had earlier been slapped on four former senior executives at now-defunct Laiki Bank. The fines had been imposed on four ...

Freedom Holding Corp., a global financial services and technology group and the parent company of Freedom24, is celebrating six years since its listing on the Nasdaq exchange. “Since 2019, the company ...

The average interest rates for household deposits in Cyprus remained unchanged in August, compared with the previous month, while rates for business deposits decreased, according to the Central Bank of ...

Cypriot banks hold the highest levels of liquidity in the eurozone but maintain the lowest loan-to-deposit ratio, according to the Cyprus Borrowers Association (Syprodat). The association said that “to strike ...

Freedom Holding Corp. (NASDAQ: FRHC), a global financial services and technology group and the parent company of the Freedom24 investment platform, has been added to The Motley Fool’s Moneyball ...

The Bank of Cyprus on Wednesday announced that it won 11 awards in Global Finance’s 2025 World’s Best Digital Bank Awards, including two regional honours for Western Europe. The bank ...

The Cyprus Securities and Exchange Commission (CySEC) has called on investment fund managers to take note of new guidance issued by the European Securities and Markets Authority (ESMA) on how ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday presented a new governance model for the bank to the House finance committee. According to an announcement by the CBC, ...

The Bank of Cyprus Holdings Plc on Monday announced that its board of directors will meet on Tuesday, November 11, 2025, to review the financial results of the Bank of Cyprus Group ...

Fairfax Financial Holdings has signed a term sheet with Eurobank Ergasias Services and Holdings for the sale of its 80 per cent stake in Eurolife FFH’s life insurance operations for €813 ...

The Bank of Cyprus on Monday announced the launch of the IBU India Hub, a new strategic initiative designed to enhance its service offering and specialisation for businesses and individuals ...

The European Banking Authority (EBA) has published a report taking stock of actions by all competent authorities to address its findings and recommendations. This follows in-depth reviews carried out by ...

The Finance Ministry’s debt management office will hold a public auction of €25 million in treasury bills on October 20, 2025. The auction will cover bills with a 13-week maturity and will ...

Eurobank Limited on Friday announced the completion of the merger of its Cypriot insurance subsidiaries, marking a significant development in the consolidation of its insurance operations in Cyprus. The merger, ...

More than 1,000 delegates took part in the international Maritime Cyprus 2025 conference, held in Limassol from October 6 to October 8. The conference focused on how to unlock the future of shipping, exploring ...

The Association of Cyprus Banks (ACB) on Thursday announced that Panicos Nicolaou, chief executive officer at the Bank of Cyprus, has been appointed as its new president following the most ...

Eurobank reaffirmed its commitment to supporting Cyprus’ new generation of entrepreneurs, standing once again beside the country’s emerging business leaders at the eighth annual “Ge’ neo Epicheirein” Young Entrepreneurship ...

Cyprus’ current account deficit narrowed to €257.3 million in Q2 2025, down from €341.7 million in the same period last year, according to provisional data from the statistics department of the Central Bank ...

The Bank of Cyprus on Wednesday announced the full implementation of instant payments in Cyprus, effective October 9, 2025. This will allow customers to send and receive payments from any bank within ...

The household saving rate in the euro area rose to 15.4 per cent in the second quarter of 2025, compared with 15.2 per cent in the first quarter of 2025, according to Eurostat. The ...