Banking and Finance

Cyprus’ banking sector recorded one of the highest profitability and capital adequacy levels in the European Union at the end of 2024, according to the European Central Bank (ECB). The figures ...

Trade unions are raising objections over the privatisation of the Cyprus Stock Exchange (CSE), warning that staff rights have not been fully safeguarded under the draft law currently before Parliament. ...

Eurobank recently acquired 3.8 million of its own shares as part of its share buyback programme, according to an official announcement. The announcement followed a previous statement, released on May 7, 2025, about ...

The Central Bank of Cyprus (CBC) on Friday made a slight downward revision to the country’s growth forecast for 2025, adjusting it to 3.1 per cent from 3.2 per cent in March. ...

The draft bill for the privatisation of the Cyprus Stock Exchange (CSE) was submitted to the House of Representatives on Thursday, paving the way for the selection of a strategic ...

What began as a personal move soon evolved into a bold strategic decision. In an interview with Cyprus Mail, Matt Murphie, founder and investor of Copper Island, the international film ...

As promised, the government on Thursday launched an online platform where people losing their savings in the 2013 bank bail-in can apply for partial compensation. It concerns losses to uninsured savings – ...

Central Bank of Cyprus (CBC) on Monday launched a new programme aimed at enhancing financial literacy among adults, with a strong focus on developing a network of trained educators across ...

The Central Bank of Cyprus (CBC) on Thursday welcomed Moneyval’s recognition of the country’s efforts to strengthen its anti-money laundering and counter-terrorist financing framework. “Cyprus continues to strengthen ...

Eurobank on Thursday released a detailed report outlining its role as a catalyst in the evolving economic, commercial and business relations between India, Cyprus and Greece. The announcement came in ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

Cyprus is ramping up efforts to boost workforce skills with a fresh wave of training programmes, set to launch in the second half of 2025. The schemes have just been approved ...

Cyprus Investment Funds Association (CIFA) president Maria Panayiotou on Wednesday detailed the progress achieved in Cyprus’ investment fund ecosystem over the past 12 years. Panayiotou highlighted the new level of maturity ...

The Public Debt Management Office on Wednesday announced that it accepted offers totalling a nominal value of €25 million at the 13-week Treasury Bills auction held on June 16, 2025. Total bids submitted ...

In Cyprus, many small business owners still rely entirely on their accountant for everything related to finances. It’s a long-standing habit – “My accountant handles it” – that often leaves owners ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

Eurobank, Fairfax Digital Services, Voicing.AI and Pixis on Tuesday announced the launch of Europe’s first enterprise-grade agentic AI voice platform for businesses, selecting Cyprus as the location for ...

The Bank of Cyprus on Tuesday announced that it has successfully completed its share buyback programme. According to the bank’s latest submission on the Cyprus Stock Echange (CSE), the ...

Cyprus and India have vowed to deepen economic ties, with president Nikos Christodoulides describing Indian Prime Minister Narendra Modi’s visit to the island as “historic,” marking a turning point ...

The Cyprus Stock Exchange (CSE) on Monday announced adjustments to the weight factors applied to several stocks within its major indices, following its previous update on May 26, 2025. These changes are ...

The Cyprus Stock Exchange (CSE) has announced that it held a meeting on Monday with senior officials from the National Stock Exchange of India at its headquarters in Nicosia. The ...

Here are the top business stories in Cyprus from the week starting June 9: The Cypriot banking sector has undergone an impressive transformation since the 2013 financial crisis and has emerged stronger, ...

Taxation is perhaps the ultimate political act in a democratic society. It’s not just about raising revenue and spending it; it’s also about the kind of society we ...

Officials from the Central Bank of Cyprus (CBC) met with counterparts from the central banks of Lithuania and the Netherlands on Thursday and Friday. The meeting allowed for the exchange ...