Financial Services category powered by

CBC: €42,493 in bounced cheques last month

The amount of bounced cheques issued in February 2025 remained at the same level as the previous month, according to the Central Bank of Cyprus (CBC), which notes that the number of cheques however, showed an increase. 

As it said, 34 bounced cheques were issued, with a total value of €42,493. The total number of persons registered on the preliminary list for issuers of bounced cheques maintained by the Central Bank, amounted to 14 in February 2025, of which 8 were legal entities and 6 natural persons.

In January 2025, 16 bounced cheques were issued, with a total value of €42,062, and the total number of persons registered in the CBC's preliminary register was 10 (3 legal entities and 7 natural persons).

Furthermore, the number of persons registered in the CBC's Central Information Register in February 2025 amounted to 12, of which 4 were legal entities, 3 natural persons and 5 natural persons controlling legal entities.

It is noted that for the entire year of 2024, 202 persons were registered in the CIR, while their number in 2023 was 274. 

Read More

The expansion of Eurobank's footprint in Cyprus and how it aligns with the Government's objectives
Bank of Cyprus: New notched cards for greater autonomy
Consulco’s London Credit Fund launches Compartment C: The new alternative investment with higher yields
CarVal reduces Bank of Cyprus stake even further
Moody's upgrades number of Hellenic Bank’s ratings and assessments
Bank of Cyprus making acquisitions to strengthen its position in the insurance sector
Fitch upgrades Bank of Cyprus rating, positive outlook ahead
Alpha Bank Cyprus presents future strategy at Limassol event
CIFA President on staying competitive in an evolving investment landscape
Bank of Cyprus awarded 'Best Private Bank Cyprus 2025' by Global Banking & Finance Review