Cyprus banks ready to adjust interest rates immediately after ECB reduces base rate, association says

The European Central Bank's decision will be announced on 12 December, after its Governing Council meeting

16:12 - 10 December 2024

Record levels of customer adoption for Revolut Business in Cyprus

Revolut Business customers in Cyprus now spend over £26.84m on cards a month, marking a 142.2% y-o-y increase

11:15 - 09 December 2024

CBC calls for tenders for SWIFT system management, maintenance and support

The Central Bank of Cyprus has opened the procedure and will be accepting tenders until 1pm on 24 January 2025

09:45 - 06 December 2024

Freedom Holding Corp. is a General Partner of 2024 FIDE World Rapid & Blitz Championships

2024 FIDE World Rapid & Blitz Championships is one of the most prestigious chess events in the world

13:21 - 05 December 2024

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The banking sector’s growth trajectory and how AKEL is trying to stop it

An attempt is being made at all costs to halt the development trajectory of the banking sector

07:50 - 04 December 2024

Mastercard’s Natalia Lechmanova: Cyprus’ economy has experienced an incredible recovery since the pandemic

The Chief Economist Europe at Mastercard also comments on the spending behaviour of the island’s consumers

07:29 - 25 November 2024

Fokion Karavias: Through Hellenic Bank, we also acquired an insurance firm – We are seeking further opportunities

The Eurobank CEO told a Bloomberg event that credit growth in 2024 will be very strong and is to continue …

07:00 - 20 November 2024

Wellington Management Group LLP acquires 4.75% of the Bank of Cyprus

The acquisition comes through the placement of the shares of the former Laiki Bank

12:15 - 19 November 2024

New applications for startups will be accepted by the IDEA Innovation Center

As Cyprus’ largest innovation and business support organisation, IDEA is launching the 10th call to its Startup Program

15:17 - 18 November 2024

Hellenic Bank reduces base interest rate by 0.21%

The changes brings the Bank's base interest rate down from 2.12% to 1.91%, effective 18 November

14:01 - 18 November 2024

Andreas Livadiotis: Cyprus has truly become the fintech capital of the area

The Founder & CEO of XValley Technologies Ltd says Prop Trading is the trend to look out for

07:00 - 18 November 2024

Johny Abuaitah: I believe that AI will be the true game-changer for brokers in the coming years

Windsor Brokers' CEO explains how regulatory changes are affecting CIFs and highlights AI's game-changing impact on brokers

04:45 - 17 November 2024

CySEC powers on with financial literacy lectures in schools

Officer Konstantinos Papageorgiou delivered another educational lecture at Archibishop Makarios III Lyceum in Dasoupoli

07:02 - 15 November 2024

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Financial Services

Cyprus banks ready to adjust interest rates immediately after ECB reduces base rate, association says

Record levels of customer adoption for Revolut Business in Cyprus

CBC calls for tenders for SWIFT system management, maintenance and support

Freedom Holding Corp. is a General Partner of 2024 FIDE World Rapid & Blitz Championships

The banking sector’s growth trajectory and how AKEL is trying to stop it

Central Bank Governor opposes taxation of banks’ windfall profits - "It discourages foreign investments"

CBC Governor: Cypriot banks adjust interest rates at a slower pace

Why Revolut chose Cyprus for its European crypto operations base

Bank of Cyprus covered bonds achieve AAA rating by Moody’s

Eurobank and J.P. Morgan Asset Management sign MoU

€492m deal with Demetra and Logicom puts Eurobank in the running for 100% of Hellenic Bank

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