June sees sharp deposit rate hike
Despite the June increases, interest rates for deposits remain among the lowest in the Eurozone
08:29 - 03 Αυγουστου 2023
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Invest Cyprus on the lookout for a Deputy Director General
The successful candidate will benefit from a competitive remuneration and benefits package
14:54 - 02 Αυγουστου 2023
Eurobank Cyprus: Strong capital adequacy and profitability in H1 2023
The Bank’s net profit after tax reached €90.8m in the first half of 2023
10:00 - 02 Αυγουστου 2023
Retail turnover up 8.4% in value, 6.4% in volume in June
The Turnover Value Index of Retail Trade for June 2023 increased by 8.4%
15:30 - 01 Αυγουστου 2023
AstroBank appoints Popi Stylianou as its new CFO
Stylianou has previously held senior positions in some of Cyprus’ leading institutions
13:51 - 01 Αυγουστου 2023
Oliver Gatzke leaves Hellenic Bank
CFO Antonis Rouvas stands in as Interim CEO, as Gatzke is placed on garden leave with full pay - effective immediately
10:14 - 01 Αυγουστου 2023
Industrial output prices up by 4.5% in June on annual basis
For the period of January-June 2023, the index recorded a 12.0% increase compared to the corresponding 2022 period
08:21 - 01 Αυγουστου 2023
New grants available to support business activity in Old Nicosia
The Plan concerns the provision of financial assistance for the purposes of supporting business activity in the area
07:45 - 01 Αυγουστου 2023
Tourism revenue surges by 40.7% this May
According to the official data, tourism revenue in May 2023 amounted to €311.0 million
15:54 - 31 Ιουλιου 2023
Private debt at €218% of GDP in Q1
Since December 2016 household debt to GDP has declined by 42%, said the CBC
14:34 - 31 Ιουλιου 2023
The relationship between hedge funds and crypto
New PwC Global report explores how they are being invested in on a worldwide scale
09:22 - 31 Ιουλιου 2023
Central government debt at €23.8b in H1
It was up by €700m in the second quarter, compared to Q1
07:41 - 31 Ιουλιου 2023
Industrial Production Index up 3% in May 2023, year on year
A negative change was observed in the electricity supply sector, down by 8.2%
16:21 - 28 Ιουλιου 2023
ECB raises rates to 23-year high
The latest increase by 25 basis points brought the ECB’s deposit rate to 3.75%, its highest level since 2000
10:09 - 28 Ιουλιου 2023
Economic sentiment deteriorates in July
The decline was down to weaker business confidence in the services sector and lower consumer confidence
08:05 - 28 Ιουλιου 2023
Total sales of petroleum products up by 5.4% in June
A drop was observed in the provisions of marine gasoil, kerosene and light fuel oil
16:15 - 27 Ιουλιου 2023
China and Cyprus forge closer tourism ties through tourism promotion webinar
The webinar saw the participation of over 20 attendees from delegations representing both countries
14:36 - 27 Ιουλιου 2023
Cypriot products at "Regal Branchentreff 2023"
Halloumi, commandaria and zivania were among the products showcased at the Vienna exhibition
08:24 - 27 Ιουλιου 2023
June bank deposits rise sharply, loans up as well
Total deposits recorded a net increase of €399.2m, compared with €164.8m in May
07:47 - 27 Ιουλιου 2023