Cyprus government and banks piling-up cash
They could do more to support economy and citizens
Over the last two years the Cyprus government has produced mounting surpluses and boosted substantially its cash balances at banks. And ...
Central Bank warns of unlicensed ‘bank’
The Central Bank of Cyprus issued a warning on Friday regarding an entity by the name of “Neo Business Bank”, saying it does not hold the relevant licences to operate ...
Mortgage of a share of a plot
The mortgage burdens the share of the plot and the building and not the apartment
During the construction of apartment buildings, in their attempt to sell apartments, developers often facilitate ...
Nicosia man loses €25,000 thousand in SMS bank scam
Police issued a warning over text message scams on Saturday after a 50-year-old man lost almost €25,000 from his bank account.
The Nicosia resident reported to the police on Friday that ...
Public warned for the ‘umpteenth time’ after three more scam complaints filed with police
Police on Sunday warned the pubic for the “umpteenth time” to be more careful online after three new scam complaints were filed, bringing the total so far this month to ...
Man falls victim to phone scammer, loses thousands
A 77-year-old man in Limassol fell victim to a fraud, known as vishing, when an unknown person called him over the phone pretending to be an employee of a bank ...
Kiti bank robber sentenced to eight months
A 32-year-old bank robber who pleaded guilty to stealing from a branch earlier this month was sentenced to eight months imprisonment by Larnaca district court on Friday.
He was found ...
Explosive device causes destruction of Paphos ATM
An explosive device went off outside a Paphos bank branch causing extensive damages, local police said on Monday.
Spokesman Kyriacos Nicolaou said that the incident took place outside a bank ...
Woman has bank account emptied after falling for scam
A woman in Limassol has filed a complaint with police that she was the victim of an alleged online scam after €27,129 was stolen from her bank account.
The woman told ...
Paris Court of Appeal backs Cyprus government in Fbme case
Τhe Paris Court of Appeal has dismissed an application for the annulment of an International Arbitral Award, finding in favour of the Republic of Cyprus concerning Fbme Bank.
The case ...
Limassol residents demonstrate as only bank is shuttered
Residents of Limassol’s Ayios Athanasios municipality protested on Wednesday against a Hellenic Bank decision to close its last branch in the area.
Mayor Marinos Kyriakou said residents were frustrated ...
Police investigating theft of €15,000 from credit card after phone scam
Limassol police are investigating the theft of €15,000 from a woman’s bank account through an online scam.
Police said the complainant told them that a woman speaking English called the ...
Window closing fast for civil lawsuits in co-op demise
Lawmakers heard Thursday that the window was fast closing for the filing of civil lawsuits over the demise of the co-operative bank, while the police said their criminal probe into ...