The banking sector is advancing rapidly into a new era, with technology serving as the primary driver of transformation and growth. In Cyprus, Eurobank is proactively moving beyond digital transformation ...
The latest edition of Cyprus 4.0 examines how Cyprus’ financial sector is adapting to rapid technological change, as banks, regulators and fintech firms respond to a global shift in how money ...
The Supreme Court has dismissed an appeal from a Polish woman seeking compensation from Cyprus for losses during the 2013 banking crisis, it was made known on Thursday.
The case involved ...
Thirteen years after the economic meltdown and the collapse of the banking system, Akel is still talking about the “protection of borrowers.” The party mouthpiece, Haravghi, reported on Tuesday that ...
Some things never change in Cyprus. A couple of days ago, at a House committee meeting with all the representatives invited, complained about the obstacles faced by foreign investors. The ...
Cyprus banks are failing in giving decent interest rates on customer deposits and in providing sufficient credit at reasonable interest rates to businesses and households to support balanced economic growth ...
Recent statements by Cyprus bankers that the profitable activities of banks are contributing importantly to the good performance of the Cyprus economy and that large bank profits emanate mainly from ...
Led by the government, politicians in Cyprus accommodate banks using any means at their disposal, to the detriment of the economy and taxpayer
By Savvakis C. Savvides
In a country ...
By Savvakis C Savvides
Every capital investment whether deemed to have negative or positive Net Present Value has, like a coin, two sides. One is the return side and the ...