Government guarantees as an instrument of economic growth
By Andreas Charalambous and Omiros Pissarides The practice of granting government guarantees to secure bank loans for businesses is widely spread. In Cyprus, this practice...
bank loans
Cyprus lags in loan recovery times
Cyprus is the worst performer when it comes to defaulted housing and consumer loan recovery times, according to data released by the European Banking Authority...
Bills to protect rights of bank customers
A bill regulating unfair bank charges, which is aimed at protecting borrowers, and a bill on the solvency of insurance companies are to be tabled...
Interest rate cut among topics discussed by Anastasiades-Georghadji
The issue of reductions in interest rates was discussed by President Nicos Anastasiades and Central Bank Governor Chrystalla Georghadji in a meeting on Tuesday, deputy...