Economy category powered by

A total of 61 bounced cheques worth €156,564 issued in Q1 of 2025

A total of 61 bounced cheques worth €156,564 were recorded in the first three months of 2025, marking a 35% increase in value compared to the same period in 2024, according to data published by the Central Bank of Cyprus.

In comparison, during the same period in 2024, 76 cheques worth €115,375 had been issued.

During the first three months of 2025, 24 persons were listed on the Central Information Registry (CIR), including 9 legal entities, 9 natural persons, and 6 natural persons controlling legal entities.

In March, 11 bounced cheques worth €72,009 were issued, while 9 persons (8 legal entities and 1 natural person) were listed in the preliminary registry.

Additionally, in March, 6 persons were registered on the CIR (3 legal entities, 1 natural person, and 2 natural persons controlling legal entities).

(Source: CNA)

Read More

Tourist arrivals up 7.5% in Q1, down 0.8% in March
Cyprus-Germany Business Association holds networking event in Nicosia
Makis Keravnos urges structured dialogue between EU-USA on tariffs
New era at CIBA with Vassilios Demetriades at the helm
Cabinet approves bills for national unit to implement economic sanctions
Second-placed Cyprus among the EU members transporting most freight by sea in 2023
The profiles, HQs, assets under management and more of Plug and Play Tech Center and Tenstorrent
Invest Cyprus joined President Christodoulides on roadshow to strengthen US–Cyprus strategic ties
How to develop the Cypriot economy through the eyes of businesses... Their demands and proposals
Antonis Fragoudis: Cyprus's accession to the Schengen zone is a catalyst for attracting investments