Banking and Finance

The European Banking Authority (EBA) has published a report comparing how banks test the implementation of their recovery plans through so-called dry runs, highlighting significant differences in approach and effectiveness ...

The European Central Bank (ECB) on Tuesday published proposals aimed at making banks and the financial infrastructure in which they operate better able to support the economy. The proposals, endorsed ...

The European Banking Authority (EBA) has published a decision harmonising how national competent authorities report under the SEPA regulation, marking a key step in strengthening oversight of euro payments across ...

The European Central Bank (ECB) has moved the digital euro into its next phase, shifting the project from planning to technical preparation, with the Eurosystem aiming to be ready for ...

Top trading hub Cyprus prepares for mandatory salary disclosures Cyprus remains the top global location for hiring in the online trading sector during the second quarter of 2026, according to FYI, ...

The household saving rate in the euro area declined to 14.4 per cent in the fourth quarter of 2025, reflecting changing consumption patterns, according to Eurostat. The statistical office reported that the ...

Freedom24 Executive Director Evgenii Tiapkin on Thursday, April 9, presented the company’s European strategy and platform development on the main stage at the Freedom Inside event in Astana. The session ...

European Union banks’ direct exposure to the Middle East remains limited, with risks from the conflict more likely to emerge through indirect channels such as inflation, tighter financial conditions and ...

The Central Bank of Cyprus (CBC) on Thursday reported that total loan balances held by credit-acquiring companies reached €19.35 billion at the end of 2025, with the vast majority classified as non-performing. ...

Alpha Bank Cyprus took part as a platinum sponsor of the 16th Nicosia Economic Congress, reaffirming its active role in supporting economic dialogue in Cyprus. The event was held on ...

The Cyprus economy continued to demonstrate resilience in March despite a more challenging external environment shaped by regional instability, according to Kostantino Vrachimis, manager of economic research at Eurobank. In ...

Digital banking in Cyprus appears to have evolved from an optional service into a fundamental tool for everyday management of citizens’ finances. This is reflected in the Bank of Cyprus’ ...

The Bank of Cyprus on Wednesday announced that its board of directors has approved the annual financial report for the year ended December 31, 2025, confirming strong profitability, lending growth and capital ...

Minister flags rising energy costs and tourism risks from Iran war Finance Minister Makis Keravnos on Wednesday outlined the government’s economic strategy amid global instability, reflecting on three years ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday issued a warning to investors regarding unauthorised investment websites operating without the required licence. The regulator stated that the websites in ...

The Cyprus Stock Exchange (CSE) council on Tuesday released a report detailing the official market shares of its members for the month of March 2026. The detailed tables provided by the ...

European Central Bank (ECB) officials have said that euro area banks are adjusting to declining central bank reserves while continuing to rely on favourable market conditions to manage liquidity. In ...

The Central Bank of Cyprus (CBC) announced on Monday that all local banking institutions will be closed for a three-day period to observe the Orthodox Easter holidays. The scheduled closures ...

Eurobank S.A. on Monday announced that it successfully repurchased a total of 1,172,125 of its own shares as part of its ongoing share buyback programme. According to the announcement, the ...

The Central Bank of Cyprus (CBC) on Monday released its latest interest rate statistics for February 2026, showing declines in both deposit and lending rates alongside an increase in new loan ...

The House plenum on Monday rejected the president’s referral of a law on small business bank accounts, reaffirming its support for the legislation previously approved. The referral was voted ...

The Bank of Cyprus (BoC) on Monday announced a targeted initiative to support the hotel industry while rewarding its customers amid ongoing regional challenges. The bank said the move comes ...

By Christodoulos Patsalides, governor of the Central Bank of Cyprus (CBC) The banking sector today operates in an environment characterised by heightened uncertainty and a multidimensional, dynamically evolving web of ...

The Eurosystem, the collective body comprising the European Central Bank (ECB) and the national central banks of the 20 member states that have adopted the euro, published its comprehensive payments strategy ...