interest

Coronavirus: Petrides welcomes decision by banks to forego compound interest on suspended loans

Evie AndreouApril 3, 2020April 3, 2020

By Evie AndreouApril 3, 2020April 3, 202001612

Finance Minister Constantinos Petrides on Friday welcomed the announcement by the banks’ association (ACB) that they would not charge compound interest on the deferred interest...

Property

The legality of paying the purchase price

George CoucounisMay 7, 2017May 5, 2017

By George CoucounisMay 7, 2017May 5, 20170145

The vendor may claim his rights in the event a buyer refuses or omits to pay the purchase price of a property, provided he gives...

Cyprus

Co-ops cut rates on student loans, offer scholarships

FORMER STAFFNovember 22, 2014November 22, 2014

By FORMER STAFFNovember 22, 2014November 22, 20145 146

By Angelos Anastasiou The Co-operative Central Bank (CCB) yesterday announced decreasing interest rates payable on its student loans, to 4.5 per cent, and the introduction...

Cyprus

Small businesses file class action against lenders

Jean ChristouAugust 18, 2014August 18, 2014

By Jean ChristouAugust 18, 2014August 18, 201427 158

By Constantinos Psillides Head of union of small businesses and self-employed individuals (SYMEA) Stavros Alampritis said on Monday their lawyers had filed a class-action lawsuit...

Cyprus

EAC slammed for charging interest on instalment payments

Jean ChristouJuly 29, 2014July 29, 2014

By Jean ChristouJuly 29, 2014July 29, 20143 122

Electricity company (EAC) unions oppose a decision by the board to charge interest on customers who opted to pay overdue bills in instalments. A statement...

Cyprus

EAC announces instalment scheme

George PsyllidesJuly 23, 2014October 13, 2016

By George PsyllidesJuly 23, 2014October 13, 20167 118

The electricity company EAC said on Wednesday it will help people pay through instalments, with an annual interest of 4.5 per cent, in a bid...

Business Cyprus

Jobless BoC customers need only pay €10 a month mortgage

George PsyllidesDecember 20, 2013December 23, 2013

By George PsyllidesDecember 20, 2013December 23, 20138 155

By George Psyllides UNEMPLOYED Bank of Cyprus (BoC) borrowers will not have to pay their regular instalment for a year on housing loans, the lender...

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Coronavirus: Petrides welcomes decision by banks to forego compound interest on suspended loans

The legality of paying the purchase price

Co-ops cut rates on student loans, offer scholarships

Small businesses file class action against lenders

EAC slammed for charging interest on instalment payments

EAC announces instalment scheme

Jobless BoC customers need only pay €10 a month mortgage

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