Banking and Finance

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial institutions. Total ...

Eurobank announced on Monday that it successfully repurchased 2,977,805 of its own shares during the period between June 22, 2026, and June 26, 2026. These transactions were conducted on the Euronext Athens stock exchange as ...

The Bank of Cyprus Holdings Public Limited Company announced on Monday that its board of directors will meet on August 03, 2026, to review the financial results for the six months ended ...

Supervisory activities conducted by the Single Supervisory Mechanism (SSM) have proven effective in strengthening the management of risks related to commercial real estate portfolios within large euro area banks. A ...

By Nick Valiotti A CFO at a growing company asks a straightforward question on Monday: “What is the customer churn rate?” One figure comes back. Great. But by Thursday the ...

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company ...

Greek lenders, some of which also operational in Cyprus, remain on course for strong growth despite geopolitical tensions in the Middle East and concerns over the tourism season, with UBS ...

The European Securities and Markets Authority (ESMA), acting as the financial markets regulator and supervisor for the European Union (EU), has published the official register of firms authorised to act ...

Alpha Bank S.A. on Thursday announced that it has secured a controlling 69.61 per cent stake in Alpha Trust Holdings S.A., fulfilling the key condition required for the completion ...

Eurobank has become one of the first 41 companies in Greece to receive the Diversity Seal, a new state-backed distinction recognising businesses that actively implement equality, diversity and inclusion policies in ...

The National Bank of Greece announced this week that it has acquired a significant number of its own shares as part of a previously approved buyback programme. This initiative follows ...

The Central Bank of Cyprus (CBC) on Wednesday introduced a new section on its website titled ‘Statistics Explained’, aimed at strengthening statistical literacy among the public. The initiative presents key ...

Scope Ratings has reaffirmed Alpha Bank’s BBB issuer rating with a stable outlook, citing the bank’s strong market position, improving profitability and robust capital buffers. In its latest ...

Banks association calls for cooperation with new parliament, stresses need for financial stability Cyprus’ banking sector has called for close cooperation with the state and the newly elected House of ...

Digital euro to offer offline payments by 2030 The digital euro will offer offline transactions, physical cards for people who do not use smart devices and a full rollout by 2030, according ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has said that the central bank is examining the activation of a systemic risk buffer, while warning that strong current performance should ...

Lending criteria for businesses and households in Cyprus remained unchanged during the first quarter of 2026 compared to the previous three-month period, according to the latest bank lending survey published by ...

The European Central Bank (ECB) this week delivered a firm signal regarding its monetary policy direction as the euro area navigates a period of heightened geopolitical tension and persistent economic ...

Eurobank S.A. on Monday provided a market update regarding the progress of its share buyback programme, confirming the repurchase of more than 1.7 million shares during the previous week. The ...

The Bank of Greece has reported a decline in the value of loans managed by domestic credit servicing companies and transferred to specialised financial institutions abroad. The total nominal value ...

The European Securities and Markets Authority (ESMA) recently published its 2025 annual report, showcasing a year defined by enhanced supervision, regulatory simplification, and digital innovation. The report detailed how the regulator ...

In March 2023 European Central Bank (ECB) chief Christine Lagarde fell for a prank call where she unwittingly revealed that Europe’s central bank digital currency, the digital euro, will have ...

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the ...

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain ...