Banking and Finance

The Bank of Cyprus (BoC) on Thursday announced that it successfully launched and priced a €300 million senior preferred notes issuance under its EMTN Programme. According to a filing on the ...

The Association of Cyprus Banks (ACB) has stressed that remaining proactive constitutes the most reliable safeguard against digital crime and financial fraud, urging businesses to strengthen their cybersecurity measures. “Prevention ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Wednesday said that the European Central Bank (ECB) is increasingly likely to raise interest rates in June, while stressing that any ...

The Cyprus Development Bank Group (CDB) on Wednesday reported total net income of €17.2 million for 2025, marking a 25 per cent decline when compared with the €22.8 million recorded in 2024. The drop in ...

The Bank of Cyprus maintained its position as one of the strongest banking investment stories in the region during the first quarter of 2026, with both Deutsche Bank and Euroxx Securities ...

Cyprus Stock Exchange (CSE) chairman Marinos Christodoulides on Monday said that the institution is preparing for a new phase of privatisation, international expansion and technological modernisation. Speaking during an event ...

Investment bank UBS has issued an optimistic update on the Greek banking landscape, pointing out that it is no longer a monolith but a tale of two distinct investment paths, ...

Cyprus’ current account balance continued to improve in 2025, although ongoing geopolitical tensions in the Middle East remain a significant risk for the economy’s external position, according to Eurobank research ...

Greek banks reported strong credit expansion in the first quarter of 2026, reinforcing expectations that lending growth will support the country’s economic trajectory, according to published banking results and sector ...

Greek lender Eurobank and the Ktistor Group have announced a partnership to support investments in battery energy storage systems (BESS) projects of 1 to 10 MW connected to the distribution network operated ...

The Bank of Cyprus (BoC) on Monday presented its first-quarter 2026 financial results, with chief executive Panicos Nicolaou highlighting the resilience of the Cypriot economy and signalling further strengthening of shareholder ...

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital ...

Eurobank S.A. released its interim consolidated financial statements on Monday, providing further detail on its performance following the initial publication of its financial results on last week. The comprehensive ...

The European Central Bank (ECB) launched its qualitative cyber resilience stress test (CyRST) last month, assessing how 109 major euro area banks would withstand a severe cyberattack and marking a turning ...

The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money ...

The credit ratings agency Fitch on Saturday confirmed the Republic’s long-term A- rating with a positive outlook, citing strong fiscal results, ongoing debt deleveraging, favourable growth prospects and Cyprus’ ...

Eurobank S.A. has issued a formal notification regarding significant revisions to its financial calendar for the remainder of the year. The update, which follows an initial schedule released earlier ...

Cyprus’ banking sector maintained its historically low level of non-performing loans in February 2026, according to updated figures published on Friday by the Central Bank of Cyprus (CBC). Specifically, the non-performing ...

The Cyprus Securities and Exchange Commission (CySEC) marked its 30th anniversary with a conference in Nicosia attended by more than 160 guests, including officials and senior representatives of European supervisory authorities. ...

Eurobank on Friday reported an adjusted net profit of €351 million for the first quarter of 2026, with the bank citing strong lending activity, resilient operating performance and continued growth across its ...

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures ...

Eurobank announced on Thursday that it had entered into a definitive agreement to acquire an additional 80 per cent stake in Eurolife Life Insurance, strengthening its position in the insurance sector. ...

Eurobank has announced that it has financed the development of the new UNIC Athens campus, a project exceeding €65 million that marks a major international investment for Cypriot higher education and ...

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states. The study, authored by ...