Open Day BoC Fintech Hackathon 5.0: The Good Practices and the Fintech Future

The Open Day aimed at presenting the 18 to 20 October Hackathon's goal, process, available tools, and challenges

09:52 - 10 October 2024

AB CarVal Investments sells 3% of its shares in the Bank of Cyprus for €4.20 per share

AB CarVal Investments announced that it has successfully completed the sale of 13.5 million Bank of Cyprus shares

12:18 - 09 October 2024

Central Bank Govenor Christodoulos Patsalides

Patsalides’ message to the banks over the risk to their image and reputation

The CBC Governor advises banks to take the social aspect into account when formulating their pricing policies

11:55 - 09 October 2024

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The 10 disadvantages of AKEL's windfall tax proposal for the banks

Some of the reasons why experts suggest the proposed windfall taxation for banks is not a good idea

07:13 - 08 October 2024

Bank of Cyprus: Five distinctions for its digital products and services

The Bank was recognised in five categories at the World's Best Digital Banks Awards 2024 in London

10:34 - 04 October 2024

eToro acquires Australian broker Spaceship in $80m AUD deal

The Cyprus-based trading and investing platform has entered into an agreement to acquire the Australian investing app

07:02 - 27 September 2024

Freedom24 reaches 300,000 customers milestone

Freedom24 has consistently attracted an increasing number of investors who value its convenience and reliability

15:00 - 26 September 2024

CCA launches new membership programme to foster growth and collaboration

The Cyprus Compliance Association specialises in the financial sector in the fields of governance, risk and compliance

08:48 - 26 September 2024

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Credit standards for corporate loans tighten, remain unchanged for households

The Bank Lending Survey is carried out by the Central Bank of Cyprus

07:40 - 26 September 2024

Cypriot banks report post-tax profits of €602.92 million for first half of 2024

Additionally, total equity for Cypriot banks increased to €6.13 billion by the end of June

14:39 - 20 September 2024

Cyprus’ NPL ratio continued to decline in Q2

The NPL ratio decreased further to 6.9%, representing €1.7b, down from 7.3% or €1.8b at the end of March 2024

13:59 - 20 September 2024

Association of Cyprus Banks reaffirms the sustainable course of the Cypriot banking system during US visit

The delegation consists of the heads of the Compliance department of the four largest banking institutions in Cyprus

07:17 - 20 September 2024

Board elects Michalis Louis as new CEO of Hellenic Bank with immediate effect

The Bank's new Board of Director's made the decision soon after being elected by shareholders at an AGM

18:02 - 18 September 2024

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Financial Services

Open Day BoC Fintech Hackathon 5.0: The Good Practices and the Fintech Future

AB CarVal Investments sells 3% of its shares in the Bank of Cyprus for €4.20 per share

Patsalides’ message to the banks over the risk to their image and reputation

The 10 disadvantages of AKEL's windfall tax proposal for the banks

Bank of Cyprus: Five distinctions for its digital products and services

Mortgages rate up, household deposits rate down in August

State-owned asset manager to extend mandate up to 2030

Eurofast expands outsourcing centre in Banja Luka

Bank of Cyprus is selling NPL and related collateral portfolio to Cerberus Capital Management L.P

CySEC launches new campaign to tackle rising impact of finfluencers on financial markets, and protect investors

Liquidity in the Cyprus banking system rises to almost €29 billion in August

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