Demetra Holdings schedules EGM for vote on sale of Hellenic Bank shares to Eurobank

The Extraordinary General Meeting has been set for 9 January, 2025

10:56 - 17 December 2024

Cyprus Central Bank reports October 2024 interest rates trends

The study looked at housing loan rates, business loan trends and fixed-term deposit rates, among other aspects

07:45 - 17 December 2024

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Bank CEOs to evaluate Christodoulides’ recommendations and meet again on 18 December

The CEOs of the Bank of Cyprus and Hellenic Bank will return to the Presidential Palace this week

11:11 - 16 December 2024

Tripartite meeting at the Presidential Palace with interest rates on the agenda

President Christodoulides to meet with the CEOs of the Bank of Cyprus and Hellenic Bank

08:35 - 16 December 2024

CI upgrades Hellenic Bank ratings, outlook revised to stable from positive

Capital Intelligence Ratings upgraded Hellenic Bank's Long-Term Foreign Currency Rating (LT FCR) to 'BBB-' from 'BB'

07:48 - 16 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

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

Greek PM has also spoke out against, as AKEL pushes for legislation to tax banks' "unexpected" profits

10:24 - 03 December 2024

Central Bank Govenor Christodoulos Patsalides

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

The small size of the Cyprus economy contributes to a slower adjustment of interest rates than in larger economies

07:40 - 03 December 2024

Why Revolut chose Cyprus for its European crypto operations base

Revolut in Cyprus CEO Costas Michael and CFO Christos Drakos talk about the reasons behind the neobanking giant’s decision

07:15 - 30 November 2024

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

The upgrade follows the increase of Cyprus' local-currency bond ceiling to Aaa from Aa2

16:17 - 28 November 2024

Eurobank and J.P. Morgan Asset Management sign MoU

The new initiative combines the Bank’s regional leadership with JPMAM’s global investment expertise

09:39 - 27 November 2024

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Financial Services

Demetra Holdings schedules EGM for vote on sale of Hellenic Bank shares to Eurobank

Cyprus Central Bank reports October 2024 interest rates trends

Bank CEOs to evaluate Christodoulides’ recommendations and meet again on 18 December

Tripartite meeting at the Presidential Palace with interest rates on the agenda

CI upgrades Hellenic Bank ratings, outlook revised to stable from positive

S&P Global Ratings upgrades credit ratings of Freedom24 and other Freedom Holding Corp. units

The magic of fintech was on display in Limassol at CFS 2024

Plenary rejects bank windfall tax proposal following tie in MP votes

CBC urges payment service providers to keep new instant payments regulation deadlines in mind

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

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