Banking and Finance

The Association of Cyprus Banks and the Union of Arab Banks have agreed to set up a new platform to strengthen cooperation between the two banking systems, following the signing ...

The Bank of Cyprus Holdings Public Limited Company on Friday announced that 8,573 additional ordinary shares with a nominal value of €0.10 each were issued on May 28, 2025 to three executives under its ...

The Non-Performing Loans (NPL) ratio in the Cypriot banking sector fell to 5.9 per cent at the end of April, down from 6.1 per cent at the end of March, according to ...

The Cyprus Investment and Securities Corporation (CISCO), a wholly owned subsidiary of the Bank of Cyprus Group, on Friday announced a strategic partnership with global asset manager Schroders to launch ...

Eurobank remains the top pick among Greek lenders, according to the latest analysis by Jefferies, a global, full-service investment banking and capital markets firm. The firm maintained its “buy” rating ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Thursday announced the appointment of Georgios Syrichas as an independent, non-executive member of the ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, ...

The average interest rate on new loans to Cypriot households is now almost aligned with the eurozone median, while for businesses the margin stands at 0.24 per cent, according to the ...

Two key challenges stand in the way of introducing a new scheme to address non-performing loans (NPLs), according to Finance Minister Makis Keravnos. Kervanos responded to a question from MP ...

Deposit rates in Cyprus fell in June while housing loan rates continued to rise, according to a report released this week from the Central Bank of Cyprus (CBC). In its ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The Bank of Cyprus on Tuesday announced that it will distribute an interim dividend of €0.20 per ordinary share. This interim dividend amounts to approximately €87 million and corresponds to about 40 per ...

Greece’s four systemic banks have posted strong profitability in the second quarter, with projections indicating that total earnings could reach €4.7 billion by the end of 2025. According to Greek news ...

Alpha Bank A.E. and its wholly owned subsidiary Alpha Finance Investment Services S.A. on Monday announced the signing of a definitive share purchase agreement with the shareholders of ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said that the country must remain prudent and vigilant in order to navigate the mounting global uncertainty. In an interview with Politis, ...

The European Central Bank (ECB) and the European Banking Authority (EBA) on Friday published the results of the 2025 EU-wide stress test, showing that the euro area banking sector is resilient ...

Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 per cent compared to the same period last year. In addition, the bank’...

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Bank of Cyprus on Friday confirmed that its total issued share capital stood at 435,686,031 ordinary shares as of July 31, 2025, each with a nominal value of €0.10. In a filing to ...

Interest rates on consumer and housing loans in Cyprus recorded a fresh increase in June 2025, according to figures released this week by the Central Bank of Cyprus (CBC). In contrast, ...

The Central Bank of Cyprus (CBC) on Thursday published its latest quarterly financial accounts for the quarter ending March 2025, showing continued growth in financial assets, a reduction in household and ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday reported that the total assets under management (AUM) of Collective Investments in Cyprus reached €10.7 billion during the first quarter of 2025. According ...

The Cyprus Banks Association and its member banks this week announced measures aimed at providing immediate relief to households and businesses affected by the devastating wildfire in Limassol. In a ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday launched a public consultation on a proposed legislative amendment concerning the authorisation of Administrative Service Providers (ASPs). Specifically, CySEC published a ...