Euromoney names Bank of Cyprus the Best Bank in Cyprus

This is the 9th year that the Bank of Cyprus has won this prestigious award

10:48 - 27 August 2024

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Michalis Louis anticipated to be named new CEO of Hellenic Bank

Hellenic Bank's 18 September AGM will include the election of a new Board of Directors, including a new CEO

09:43 - 26 August 2024

Cypriot banks repay additional €2.6 billion of funding from the Eurosystem in June

The balance of funding via the TLTRO declined to just €0.1 billion at the end of the month, Central Bank …

12:29 - 21 August 2024

Revised targets for revenue, NPLs and equity make prospects favourable for Bank of Cyprus

The target for net interest income for 2024 is upgraded from more than €670 million to around €800 million

08:23 - 20 August 2024

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Bank of Cyprus: Shareholders will have their say on Athens Stock Exchange listing at upcoming EGM

The extraordinary general meeting will take place on Friday, 13 September at the Bank of Cyprus' headquarters in Nicosia

11:35 - 19 August 2024

payabl. joins the Association of Cyprus International Financial Firms

ACIFF is a non-profit organisation representing over 90 regulated firms

09:34 - 08 August 2024

CySEC imposes €740,000 fine on CIF Exelcius Prime Ltd

The Cyprus Investment Firm was found to have made multiple violations of the investment services legislation

14:59 - 07 August 2024

Eurobank S.A. completes takeover bid for Hellenic Bank

The final review revealed the takeover bid was accepted by shareholders holding 1,984,781 shares

12:20 - 07 August 2024

Second member resigns from Hellenic Bank’s Board to assist Eurobank takeover

John Gregory Iossifidis is a senior independent adviser and member of the Audit and Nominating/Internal Governance Committees

11:51 - 07 August 2024

Central Bank Govenor Christodoulos Patsalides

CBC Governor: Banking system on positive course, but no room for complacency

Despite the continuous challenges, the Cypriot banking system continues to register a positive course, Patsalides says

07:45 - 06 August 2024

Cyprus banking sector solvency ratio at 25.7% in March 2024

The cost-to-income ratio decreased further in March 2024 to 30.5% from 33.5% in March 2023 and 32.8% in December 2023

07:42 - 06 August 2024

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Christos Themistocleous resigns from the Hellenic Bank Board with immediate effect

Themistocleous’ resignation was announced by Hellenic Bank in an announcement to the Cyprus Stock Exchange

13:42 - 05 August 2024

Dynamic Works secures RIF funding for flagship product Syntellicore

The investment commitment was secured following a business valuation performed by KPMG

07:12 - 01 August 2024

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Financial Services

Euromoney names Bank of Cyprus the Best Bank in Cyprus

Michalis Louis anticipated to be named new CEO of Hellenic Bank

Cypriot banks repay additional €2.6 billion of funding from the Eurosystem in June

Revised targets for revenue, NPLs and equity make prospects favourable for Bank of Cyprus

Bank of Cyprus: Shareholders will have their say on Athens Stock Exchange listing at upcoming EGM

UBS to liquidate $2 bln real estate fund

Demetrios Efstathiou and Christodoulos Hadjistavris to resign from Hellenic Bank board after AGM

DORA: What the EU’s new security standards for banks and companies will entail

KPMG’s Pulse of Fintech: Global fintech investment falls to $51.9b, but deal volume offers optimism

Marios Maratheftis resigns from Hellenic Bank Board

BoC's Panicos Nicolaou: "We are now targeting a distribution towards the higher end of our payout ratio range for 2024"

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