#banking

Cyprus banks continued to offer lower interest rates on deposits than their eurozone counterparts in September 2026, while charging less for housing loans and most business lending, according to detailed figures ...

Alpha Bank Cyprus announced on Tuesday that it completed the integration of former AstroBank operations over the weekend of November 7-8, bringing customers onto a single banking system within the ...

Much has been written by this author on how the policies of the Cyprus government have contributed to the widening income and very high wealth inequalities of households and on ...

The euro area stands on the precipice of a compounding existential crisis driven by unsustainable debt trajectories, asymmetric structural adjustments, persistent supply-side inflation, escalating energy costs and an unyielding geopolitical ...

Cyprus’ banking sector continued to demonstrate strong capitalisation and asset quality in the second quarter of 2026, with local credit institutions maintaining capital buffers well above European Union averages, according to ...

Alpha Bank has unveiled a five-year strategy targeting more than €4 billion in shareholder distributions or capital deployment by 2030, as the lender seeks to accelerate growth by expanding its services to ...

The Bank of Cyprus on Thursday reported profit after tax of €383 million for the first nine months of 2026, up 9 per cent year-on-year, as strong lending and deposit growth, robust fee ...

Cyprus residents continue to receive some of the lowest interest rates on their savings in the eurozone, while businesses and households taking out loans face borrowing costs broadly in line ...

Sovereign debt distress across North America, Europe and Japan marks the terminal phase of a multi-decade debt cycle hitting an arithmetic wall. Compounding deficits – amplified by post-2008 quantitative easing, pandemic ...

Eurobank S.A. repurchased 1.95 million of its own shares for €8.65 million over five trading days between October 12 and October 16, the lender announced on Monday. The purchases were made under the ...

By Alexandros Neofytou Fintech promised to simplify banking. In many ways, it did. But it also moved the friction somewhere else, and in doing so, made the role of the ...

Banking regulators are stepping up efforts to contain growing AI risks, six people familiar with the matter said, with some pointing to the potential for cyberattacks on banks or rogue ...

The European Banking Authority (EBA) recently released its risk dashboard for the second quarter of 2026, confirming that banks across the EU and EEA continue to operate from a position of ...

The National Bank of Greece purchased 1,218,453 of its own common shares between September 22, 2026, and September 29, 2026, as part of the initial tranche of its ongoing share buyback programme, the lender announced ...

Foreclosures remain a last resort, CBC analysis finds Cyprus’ foreclosure framework has helped produce a significant number of consensual settlements while keeping repossession of primary homes relatively limited, according to ...

UBS has given a positive assessment of Greece’s banking sector, identifying it as one of Europe’s more attractive markets because of its combination of strong credit growth, profitability ...

Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of ...

Eurobank raised €600 million through a seven-year green senior preferred bond on Tuesday, with the issue 2.8 times oversubscribed as investors responded strongly to the bank’s latest debt offering. The bond, ...

Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged 100, ...

Cyprus banking representatives recently visited European regulators in Brussels declaring that the island’s banks are “stronger than ever” citing impressive levels of key indicators on financial stability and profitability. ...

Russia has passed a law allowing its central bank and other financial institutions to operate their own defence systems and arm staff to repel drone attacks, a document published by ...

Eurobank on Thursday opened a representative office in Mumbai, becoming the first bank from southeastern Europe to operate such a service in India. A ceremony was held to mark the ...

Scheduled for a 2029 debut, the digital euro is designed to fundamentally redefine European finance as the digital twin of physical cash. Functioning as the third pillar of the European monetary ...

The landscape of commercial transactions in Cyprus is undergoing a profound shift as the island moves closer to a cashless society. While international payment giants have long dominated the fintech ...