Banking and Finance

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 ...

The Cyprus Borrowers Association (Syprodat) this week called on the government to suspend the repayment of loan obligations for fire-affected citizens. It also urged the government to halt all foreclosure ...

The Cyprus Securities and Exchange Commission (CySEC) has issued a warning about malicious websites falsely claiming to be associated with the regulator and offering to recover investment losses for investors. ...

The Bank of Cyprus (BoC) on Monday announced that its board of directors will meet on August 4, 2025, to examine the financial results for the Bank of Cyprus Group for the ...

Total deposits in Cyprus recorded a net increase of €654.7 million in June 2025, compared to a net increase of €20.8 million in May 2025, according to data released by the Central Bank of ...

The Cyprus Securities and Exchange Commission (CySEC) has released its annual statistical bulletin for 2024, providing a detailed overview of the performance of the regulated entities under its supervision. In its ...

Bank of Cyprus Holdings Public Limited Company (BOC Holdings) has announced the completion of its acquisition of 100 per cent of Ethniki Insurance Cyprus Ltd, following a binding agreement signed with ...

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...