Helikon nearly doubles its stake in Bank of Cyprus
The Italian investment fund said its shares in the bank have risen from 2.04% to 4.04%
15:37 - 24 April 2024
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Plans to magnify Alpha Bank's position in Cyprus: The Group’s Board was back on the island
The Group's leadership has visited the island twice over a two-month period
12:59 - 24 April 2024
Hellenic Bank “very close” to sealing CNP deal
The bank may finalise the deal to acquire the French company’s Cyprus operations by end of week, say market sources
10:03 - 24 April 2024
CySEC delivers lecture at Police Academy
The lecture was part of the Cyprus Securities and Exchange Commission’s educational initiatives
08:41 - 24 April 2024
DORA: The new regulation to protect banks, fintechs and investment firms from cyberattacks
Dubbed the EU’s most ambitious attempt to date, the aim is to ensure the entire European financial sector's safety and resilience
07:12 - 24 April 2024
Paul Broderick: “The Cyprus office has been one of MUFG Investor Services’ biggest successes”
MUFG Investor Services' new Head of the Cyprus Office discusses how the project has exceeded expectations
07:00 - 24 April 2024
Bank of Cyprus launches €25m share buyback programme
The Programme concerns the repurchase of ordinary shares in the Company for up to a maximum aggregate consideration of €25 million
11:04 - 19 April 2024
BoC's Michalis Kyrou: eFX Convert helps customers transact easily, quickly and from the comfort of their home
Bank of Cyprus has become the first bank in Cyprus to offer customers the ability to convert currencies with real-time prices
07:11 - 18 April 2024
CySEC cracks down on Veles International and its sole shareholder
Dmitry Vitalyevich Bugayenko, of Russian-Cypriot nationality, is also on the US list of sanctioned persons
10:52 - 12 April 2024
NPLs in Cyprus banking system decline below €2 billion in 2023
As a percentage of total loans NPLs amounted to 7.9% by end-2023, compared with 9.5% in end-2022
08:02 - 10 April 2024
Bank profitability spikes by 644% in 2023 driven by high interest rates
Also, according to Aggregate Cyprus banking sector data, net interest income for 2023 jumped by 97%
07:40 - 10 April 2024
Assets under management at €8.56b in Q4 2023
CySEC said it had 328 Management Companies and Undertakings of Collective Investments under its supervision
12:29 - 09 April 2024
Cyprus calls for applications from those hit by 2013 financial crisis decisions
According to the Finance Ministry, the deadline for the submission of applications expires on 30 April
08:15 - 09 April 2024
Dr Christodoulos Patsalides: A highly experienced banker at the helm of the CBC
The ninth Governor of the Central Bank of Cyprus has a long history in the island’s banking and financial system
07:09 - 09 April 2024
CBC: New loans up a monthly €112.8m in February
Total new loans were at €575.5m from €462.7m the previous month, driven by a notable rise in corporate loans
08:49 - 08 April 2024
CIFA-CySEC meetup to discuss local funds sector
The Investment Funds Association said the aim was to exchange ideas on enhancing the sector’s visibility abroad
07:23 - 08 April 2024
CySEC: Financial literacy – next stop, Engomi A Elementary School
The Cyprus Securities and Exchange Commission continues its mission to educate the young on financial matters
11:25 - 05 April 2024
Eurobank: Outbound growth strategy, presence in five countries and subsidiaries profile
Eurobank anticipates its participation in Hellenic Bank’s shares will increase to 55.3% within the second quarter of this year
10:45 - 02 April 2024
Bank of Cyprus - currency conversion in the eFx convert era
Its new eFx convert service is available on 1bank, the BoC Mobile App and Internet Banking
12:53 - 29 March 2024