Banking and Finance

Tourism revenue in Cyprus experienced a significant rise in April 2025, reaching €304.2 million according to the latest results from the passengers survey conducted by the state statistical service. This represents a 39.9 ...

Eurobank on Tuesday announced the development of a day care centre for people with disabilities over the age of 21, along with two independent living residences for adults with autism. According ...

The Bank of Cyprus (BoC) on Tuesday announced that, as of June 30, 2025, its total issued share capital stood at 440,828,633 ordinary shares. Of these, 5,142,602 shares are held as treasury shares following ...

The Columbia Group is set to acquire the Secret Valley resort from Bank of Cyprus’ real estate management unit (REMU) in a deal valued at over €130 million, it emerged on ...

The Cyprus Stock Exchange (CSE) on Monday released a statement formally welcoming Eurobank Group’s intention to pursue a dual listing of its shares on the CSE. The CSE described ...

Cyprus has been ranked among the 15 European countries most affected by digital payment fraud, despite recording one of the lowest overall loss totals and fraud case counts, according to new ...

Eurobank on Friday announced its intention to explore a parallel listing of its shares on the main market of the Cyprus Stock Exchange (CSE), following the successful completion of its ...

S&P Global Ratings has revised its outlook for Freedom Finance Europe Ltd., which operates under the Freedom24 brand, from stable to positive. At the same time, the credit ...

The association of former shareholders of the Bank of Cyprus (BoC) has written to the House of Representatives urging that they be included in the 2025 budget of the national solidarity ...

The Central Bank of Cyprus (CBC) on Thursday announced that it has decided to maintain the countercyclical capital buffer (CCyB) rate at 1.5 per cent. The CBC explained that, in accordance ...

Interest rates on both deposits and housing loans saw a general decline across Cypriot banks in April, according to detailed figures published this week by the Central Bank of Cyprus (...

The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts ...

Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for ...

The Cyprus Stock Exchange (CSE) has announced the suspension of trading for two series of bonds issued by AstroBank Public Company Limited, following the bank’s decision to proceed with ...

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. ...

AstroBank on Tuesday announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank. ...

The Central Bank of Cyprus (CBC), which chairs the National SWIFT Users Group (NSUG), held a high-level online meeting on June 20, with the participation of 45 representatives from Cypriot financial institutions ...

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 – ...