Banking and Finance

Barclays’ first half profits rose by a ​better than expected 17 per cent as it reaped bumper equities trading revenues from volatile markets, although ‌its shares dropped on Tuesday in a ...

The Central Bank of Cyprus (CBC) on Tuesday published its 2025 Financial Stability Report, warning that although Cyprus’ financial system remains resilient, elevated geopolitical tensions, global uncertainty and emerging risks continue ...

A series of 40 islandwide regional meetings aimed at informing the public about the terms of a 42 million share public offering will begin on July 30, 2026, organised by the Pancyprian Cooperative Society ...

Bank of Cyprus official praises innovative digital investment expansion Investment app Wealthyhood x BoC on Tuesday launched trading in Cypriot and Greek stocks, allowing retail investors across Cyprus, Greece and ...

Citi has maintained its ‘buy’ recommendation for Eurobank and reaffirmed its target price of €5 per share, while slightly raising its profitability forecasts for the banking group ahead of its second-quarter ...

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

The Bank of Cyprus (BoC) on Monday announced that it was named Best Sub-Custodian Bank in Cyprus for 2026 by international financial publication Global Finance, recognising the bank’s performance in ...

Andreas Spyrides takes helm of CFA Society Cyprus CFA Society Cyprus announced on Monday the election of a new board of directors, marking a new phase for the organisation following ...

Eurobank announced on Monday that it repurchased 1,464,364 shares on the Euronext Athens for a total cost of €6,119,952.33 between July 20, 2026 and July 24, 2026, as part of its ongoing share buyback programme. The ...

The European Central Bank (ECB) said banks across the euro area tightened lending conditions in 2025 as trade tensions, particularly those linked to exports to the United States, increased risks for ...

Euro area banks tightened lending standards again in the second quarter of 2026, while business borrowing picked up slightly and household demand for loans weakened, according to the European Central Bank’...

The International Monetary Fund (IMF) has warned that the rapid development of tokenised finance could either strengthen the global financial system or create new sources of instability, depending on the ...

Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the US and ...

The European Central Bank (ECB) left its key interest rates unchanged earlier this week, with Central Bank of Cyprus (CBC) governor Christodoulos Patsalides warning on Friday that the broader effects ...

The European Commission recently adopted a communication addressing the competitiveness of the EU banking sector to strengthen the Single Market for banking. European Commission President Ursula von der Leyen stated ...

The European Central Bank (ECB) kept its three key interest rates unchanged on Thursday, saying it remains closely monitoring the impact of the Middle East conflict on energy prices and ...

The European Central Bank (ECB) reported this week that non-cash payments across the euro area continued to expand during the second half of 2025, while Cyprus emerged as the bloc’s ...

Morgan Stanley expects the Greek banking sector to enter earnings season with higher profit forecasts, robust credit growth and a string of second-quarter upside surprises. In its report, the findings ...

Cyprus embraces cashless payments as card use reaches new high Cypriots continued shifting towards digital payments during the second half of 2025, with the country recording the highest share of card ...

Eurobank announced on Wednesday that it will release its financial results for the second quarter of 2026 on July 30, with investors set to receive a further update on the group’s ...

Cyprus was among the euro area countries where banks increased deposit rates less aggressively following the European Central Bank’s (ECB) interest rate hikes, according to a new ECB working ...

Euro area companies reported tighter lending conditions and higher borrowing costs during the second quarter of 2026, while financing needs edged higher and inflation expectations remained broadly stable, according to the ...

The Pancyprian Cooperative Society for Participation and Promotion of Cooperativism has announced the launch of an online platform allowing the public to purchase shares in the proposed Pancyprian Cooperative Bank ...

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 ...