Eurobank Cyprus records net profit of €214m in 2024
Its financial results 2024 show an increase in profitability, strong capital adequacy and a good quality loan portfolio
14:05 - 07 March 2025


On the other hand, a decrease was recorded in net demand for consumer and other loans, the CBC said
10:32 - 07 March 2025

The Cyprus Financial Literacy and Education Commission is organising its first international conference on 13 March
10:04 - 07 March 2025

Same amount of bounced cheques issued in February as previous month, though number of cheques was up
08:54 - 07 March 2025

The drop was mainly attributed to a decrease in business loans, while consumer and housing loans showed mixed trends
08:50 - 06 March 2025

About two and a half years later, the Bank of Cyprus has proved in practice that its decision at the time was wise
09:19 - 04 March 2025

The move strengthens Alpha Bank Cyprus' market presence, elevating it as the island's third largest systemic bank
07:02 - 01 March 2025

Alpha Bank has announced a binding agreement to acquire the total assets and liabilities of AstroBank
09:39 - 28 February 2025

Speaking to Parliament, Christos Patsalides also said that the CBC has no say in interest rates or bank charges
07:49 - 28 February 2025

CEO Michalis Louis said Eurobank Cyprus merger will create one of the island's largest financial institutions
09:37 - 27 February 2025

Series of participatory actions for adults at Bank of Cyprus Cultural Foundation
10:56 - 25 February 2025

The NPL coverage ratio rose to 56.1% (€993m) at the end of October, compared to 55.7% (€978m) in September
16:16 - 21 February 2025

The introduction of interim dividends is to be considered, CEO Panicos Nicolaou said
09:32 - 18 February 2025

Eurobank is preparing to acquire 100% through the public offer and also - if necessary - through a squeeze out
11:07 - 14 February 2025

Bank of Cyprus is the first organisation in Cyprus and in Southeastern Europe to achieve this certification
10:38 - 13 February 2025

A public offer has also been submitted to the remaining shareholders of Hellenic Bank
10:16 - 11 February 2025

The company’s strong performance and business model were recognised by S&P Global Ratings
09:38 - 11 February 2025

The development is considered to be significant for the bank and the wider banking sector in Cyprus
09:22 - 10 February 2025

Growth experienced in Cyprus for the fourth successive year; tax services recorded the strongest growth
09:27 - 07 February 2025