Banking and Finance

President Nikos Christodoulides on Thursday rang the bell to close the day’s trading at India’s national stock exchange in Mumbai and did so on a day on which ...

Eurobank on Thursday opened a representative office in Mumbai, becoming the first bank from southeastern Europe to operate such a service in India. A ceremony was held to mark the ...

Global banking conglomerate HSBC this week released an investment report estimating that Greek banks remain among the primary beneficiaries of a more stringent monetary policy framework from the European Central ...

Greek lender Alpha Bank on Wednesday reported a strong operational performance in the first quarter of 2026, posting double-digit revenue growth and resilient profitability despite heightened geopolitical uncertainty, the bank announced. ...

Citigroup has raised its target price for Eurobank to €5.00 from €4.70, maintaining a buy recommendation following stronger first-quarter results and an upgraded profitability outlook. The investment bank said that, based on ...

The Bank of Cyprus (BoC) on Tuesday announced that 276,274 new shares issued to senior executives under incentive schemes will begin trading on May 20, 2026, on both Euronext Athens and the Cyprus ...

The Central Bank of Cyprus (CBC) on Tuesday issued an official public notice announcing that all banking institutions across the island will be closed to the public on June 1, 2026. The ...

Greek lender Eurobank S.A. on Tuesday announced the successful pricing of a €700 million senior preferred bond issue, marking a strong return to debt markets supported by robust investor demand. ...

American investment house Jefferies recently issued a comprehensive financial update raising its target price for the National Bank of Greece (NBG) to €18.10 from the previous valuation of €17.00. The equity research ...

The Association of Cyprus Banks (ACB) announced on Monday that Cyprus will host the official meetings of the European Banking Federation (EBF) this week, placing the island at the centre ...

The Bank of Cyprus (BoC) on Monday announced that shareholders approved a final cash dividend of €0.50 per share for the 2025 financial year, marking the largest payout since the bank resumed ...

Digital banks are reshaping the transmission of monetary policy across the euro area, according to European Central Bank (ECB) monetary policy adviser Katarzyna Budnik. In a recently-published piece of analysis, ...

Financial integration in the euro area has improved markedly since late 2022 due to resilient market functioning, according to a report from the European Central Bank (ECB). The latest findings on ...

European investment banking and asset management group Wood & Company this week published an analysis of Greek and Cypriot banks, focusing on valuation, profitability and shareholder distributions. The report, whose ...

The Bank of Cyprus (BoC) held its annual general meeting on Friday, bringing together shareholders to review a year marked by strong financial performance, rising dividends, and continued strategic investment ...

The European Central Bank (ECB) has expanded its macroeconomic modelling toolkit to incorporate nature degradation and climate-related shocks into its regular forecasting. Indeed, ECB executive board member Philip Lane recently ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the publication of a new investor guide aimed at strengthening financial literacy and protecting investors in the digital age. The ...

Bank of Cyprus Holdings PLC on Friday disclosed that Eaton Vance Management had reduced its shareholding in the lender below the 3 per cent regulatory threshold, according to a formal notification ...

Greek lender Alpha Bank this week announced that it will release its first quarter 2026 financial results on May 20, while also reporting major international distinctions for its economic research team. The ...

President challenges foreclosure amendment citing risks to financial stability — borrowers association rejects claims of unconstitutionality Serious constitutional and institutional concerns have been raised over a new foreclosure law, following a ...

The Central Bank of Cyprus (CBC) on Thursday reported that interest rates on new housing loans declined in March, while borrowing costs for businesses remained above the euro area average. ...

The Cyprus Stock Exchange (CSE) on Thursday released a statement recapping its 30th anniversary event, highlighting its contribution to economic development and outlining future priorities. The exchange celebrated 30 years of ...

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 ...