Banking and Finance

Cyprus has received a credit rating upgrade from international agency DBRS Morningstar, moving from “A (low)” to “A” with a stable outlook. Saturday’s upgrade reflects the country’s improving ...

Artificial intelligence and automation are transforming Europe’s banking sector, reshaping employee roles, working models and skills requirements, Jens Tau, chairman of the Banking Committee for European Social Affairs (BCESA) ...

Net demand for loans rose in the second quarter of 2025, driven by both businesses and households, according to the Central Bank of Cyprus’ (CBC) bank lending survey. In addition, the ...

The Finance Ministry, the Cyprus Stock Exchange (CSE) and its employee unions signed an agreement on Friday to transfer staff to the public service. The agreement was formalised in the ...

The Bank of Cyprus (BoC) this week announced the results of its cash offer to holders of its outstanding €300 million Fixed Rate Reset Tier 2 Capital Notes due October 2031. According to ...

The Association of Cyprus Banks (ACB) has asked for the declaration process for the supplementary tax to be made simpler. Their comments were submitted as part of the public consultation ...

The Finance Ministry during the summer launched a public consultation on a proposed bill aimed at privatising the Cyprus Stock Exchange (CSE), which has since drawn mixed reactions from industry ...

The Cyprus Stock Exchange (CSE) this week announced the admission of new government treasury bills of the Republic of Cyprus to its regulated market. In a statement, the CSE said ...

The Cyprus Stock Exchange has expressed concern and disappointment over the exclusion of proposals that could strengthen the capital market from the planned tax reform, calling on the government to ...

The Cyprus Stock Exchange (CSE) announced this week the suspension of trading for the 13-week Treasury Bills, 6th Issue, Series 2025, with code TB13F25. Trading will be suspended from September 16, 2025, ...

Eurobank Limited on Monday hosted a media gathering at its headquarters in Nicosia to provide updates on the recently completed merger between Hellenic Bank and Eurobank Cyprus. Chief executive officer ...

The European Central Bank (ECB) is under no pressure to cut interest rates further to achieve stable inflation, according to governing council member and Central Bank of Cyprus (CBC) governor ...

Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank Limited. In an official announcement, the new entity ...

The European Central Bank’s (ECB) Governing Council decided today to keep the three key ECB interest rates unchanged. “Inflation is currently at around the 2 per cent medium-term target and ...

The Bank of Cyprus (BoC) on Thursday announced that on September 10, 2025, it successfully launched and priced an issue of €300 million unsecured and subordinated Tier 2 Capital Notes under its €4 billion Euro ...

The Bank of Cyprus (BoC) on Wednesday announced that investment manager Wellington Management Group LLP has increased its stake in the bank, crossing the 6 per cent threshold of voting rights, ...

The gap between deposit and lending rates in Cyprus remains significant compared with the eurozone, with borrowing rates considerably higher and deposit rates comparatively lower, the Central Bank of Cyprus (...

The Cyprus Stock Exchange (CSE) on Wednesday announced that several shares will be removed and replaced across its main indices, the FTSE/CySE20, the General Index, and the New Market ...

The Finance Ministry on Wednesday announced that the 13-week government treasury bills from the sixth 2025 issue will reach maturity on September 19, 2025. These treasury bills, issued on June 20, 2025, are traded on ...

The Bank of Cyprus (BoC) on Tuesday confirmed through a regulatory filing that the European Bank for Reconstruction and Development (EBRD) has reduced its stake in the lender to zero, ...

Loans held by Cyprus’ credit acquisition companies reached €19.7 billion on June 30, 2025, according to data released on Monday by the Central Bank of Cyprus (CBC). Of the total amount, €18.5 billion were ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has stressed the importance of Cyprus’ active role within the Eurosystem, highlighting both the responsibilities and opportunities stemming from participation in Europe’...

The Bank of Cyprus (BoC) on Monday announced that investment firm Wellington Management Group LLP has crossed the 5 per cent threshold in voting rights, according to a TR-1 notification of ...

The Bank of Cyprus (BoC) has not yet made a decision on whether to establish a representative office in Greece, it emerged on Friday. According to a report by Philenews, ...