Banking and Finance

JCC loses final appeal over government payments contract Cyprus has concluded a four-year tender process for the management of government electronic payment services, awarding the contract to VivaBank after a ...

The Cyprus Borrowers Protection Association (Syprodat) has welcomed the launch of the public share offering for the proposed Pancyprian Cooperative Bank, while stressing that the project’s success will ultimately ...

Eurobank announced on Monday that it has repurchased a total of 2,907,000 shares between July 13, 2026, and July 17, 2026, as part of its ongoing share buyback programme. The bank carried out these transactions ...

The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its ...

The University of Cyprus and the Association of Cyprus Banks (ACB) recently signed a memorandum of understanding establishing a structured framework for cooperation in education, research, innovation and stronger links ...

Large technology firms are increasingly encroaching on traditional banking, prompting the International Monetary Fund (IMF) to demand a comprehensive overhaul of how these conglomerates are policed to ensure global financial ...

Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begun on Monday, three years after the legislation was first proposed. The negotiations ...

Eurobank announced on Friday that it has been named Cyprus’ best bank for 2026 by international financial publication Euromoney, while also receiving the award for best bank for large corporates at ...

The National Bank of Greece this week announced the purchase of 1,295,013 own shares between July 07, 2026 and July 14, 2026 for a total cost of €20,193,840.73. The bank acquired these shares at a weighted ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday by ...

Cyprus has tabled a long-delayed package of four banking reform bills in parliament, seven months after the European Union deadline for transposing the bloc’s updated banking directive into national ...

The Central Bank of Cyprus (CBC) on Tuesday welcomed the selection of the Bank of Cyprus and JCC Payment Systems to participate in the European Central Bank’s (ECB) pilot ...

The planned re-establishment of the cooperative bank could strengthen competition in Cyprus’ financial sector and benefit both consumers and the wider economy, according to the president of the Cyprus association ...

The European Banking Authority (EBA), the regulatory agency for the EU banking sector, recently published the final technical package for version 4.3 of its reporting framework. This release establishes new reporting ...

Eurobank announced on Monday that it repurchased a total of 2,273,500 of its own shares between July 6 and July 10, 2026, as part of its ongoing buyback programme. The transactions, which took place ...

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism Ltd entered its share sale phase last week, with its prospectus revealing a series of risks facing the ambitious plan ...

Fiscal council member Marios Clerides on Saturday said that Cyprus’ markets require “ethical banking”, as he weighed in on the prospect of a new cooperative bank being opened on the ...

The Central Bank of Cyprus (CBC) on Friday issued an open invitation for tenders regarding the minting, packaging and delivery of gold and silver collector coins. This procurement process, officially ...

The sale of shares to establish the Pancyprian Cooperative Bank will take place between July 22 and November 17, 2026, as the initiative enters its capital raising phase following approval of the public ...

The Bank of Cyprus (BoC) has confirmed that all future dividend payments to shareholders holding ordinary shares indirectly through depositary interests on the Cyprus Stock Exchange (CSE) will be made ...

Eurobank has reaffirmed its support for attracting foreign investment to Cyprus by participating as an Elite Sponsor at the 13th Invest Cyprus International Investment Awards. The annual awards, organised by ...

For most of a person’s working life, the standard advice around investing is fairly consistent: stay in the market, ride out the dips, and let time do its job. ...

Eurobank S.A. announced on Friday the formal cancellation of 28,097,019 own shares, each with a nominal value of €0.22, following a decision made during the Annual General Meeting held on April 28, 2026. ...

The Bank of Cyprus has been recognised as one of Extel’s “Most Honoured Companies”, securing third place in the Emerging EMEA Financials category in the financial intelligence provider’s ...