Banking and Finance

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although ...

Morgan Stanley has initiated coverage of Greece’s banking sector with a positive stance, arguing that the investment case for Greek lenders remains compelling despite the strong rally recorded in ...

The Cyprus Development Bank (CDB) announced on Monday that it will proceed with the payment of interest to bondholders for its CDBB1 series. The payment covers the six-month interest period ...

The Cyprus Stock Exchange (CSE) has announced that it authorised the listing of new 13-week government treasury bills totalling €50 million following a successful auction held on June 12, 2026. These securities consist ...

The Cyprus Stock Exchange (CSE) has announced adjustments to the weight factors of two major financial institutions within the FTSE/CySE20 Index, effective from Monday, June 22, 2026. This decision follows the ...

Greek lender Eurobank S.A. announced on Monday that it had repurchased a total of 1,657,727 of its own shares between June 10 and June 12, 2026, as part of its ongoing share buyback ...

Digital transactions in Cyprus are continuing to grow at a rapid pace, as consumers and businesses increasingly move towards card payments, mobile banking, electronic wallets and fintech applications. The shift ...

Safety officials and education authorities recently launched a new fire safety educational programme for primary and secondary schools at the Astromeritis Primary School, according to an announcement released on Monday. ...

European Supervisory Authorities recently published their first annual overview of major ICT-related incidents in the European Union financial sector, revealing a rising pattern of cross-border disruptions and warning that increasingly ...

The European Banking Authority (EBA) has published its draft methodology, templates and guidance for the 2027 EU-wide stress test, introducing major changes aimed at simplifying data requirements and improving risk sensitivity ...

The restoration of losses suffered by bank employees during the 2013 financial crisis was a central issue at the 58th annual general congress of bank workers union (Etyk), held in Nicosia ...

Greek lender Eurobank has launched a five-year programme for the free allocation of shares to management executives and employees, as well as staff at affiliated companies. Implementation of the programme ...

The National Bank of Greece has announced the launch of the first phase of its 2026 share buyback programme, following approvals granted by shareholders and regulatory authorities. The first phase of ...

The profitability of Cyprus’ banking sector fell by 23.6 per cent during the first quarter of 2026, according to updated aggregate figures by the Central Bank of Cyprus (CBC). The Central Bank ...

Cyprus ranks third in eurozone for pension fund numbers Cyprus retained the third-highest number of pension funds in the eurozone despite a decline of more than 30 per cent over the ...

The non-performing loan ratio within Cyprus’ domestic banking sector remained unchanged at 1.6 per cent during March 2026, when compared with the figures from December 2025. According to official data from the Central ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday issued a public warning regarding an online entity operating without the requisite regulatory approval. The regulator stated that the website j2...

The Central Bank of Cyprus (CBC) has announced that excess liquidity in the Cypriot banking system declined to €17.4 billion at the end of 2025, down from €18.4 billion a year earlier. The ...

European Central Bank (ECB) policymakers raised interest rates by 25 basis points on Thursday, citing mounting inflation pressures linked to the war in the Middle East and warning that the conflict ...

Visa has announced a strategic collaboration with OpenAI to facilitate secure payments within the rapidly evolving landscape of agentic commerce. The announcement was made during the Visa Payments Forum in ...

Alpha Bank announced on Wednesday that it will distribute 4.2 million treasury shares free of charge to executives and employees under its 2025 Combined Bonus Plan (CBP). The decision was taken by ...

The Cyprus Securities and Exchange Commission (CySEC) has issued an urgent directive requiring all regulated entities to submit specific information to support the identification of firms for future direct supervision ...

The National Bank of Greece (Cyprus) announced on Wednesday that the European Central Bank (ECB) has approved the appointment of Andreas Persianis as an independent non-executive member of the bank’...

Greek lender Eurobank S.A. on Wednesday announced the official commencement of a new share buyback programme, following the receipt of necessary regulatory approvals. The initiative was formally authorised by ...