Cyprus had highest concentration of firms with cross-border investment activity in 2023

Cyprus along with Luxembourg (15%) and Germany (14%) account for almost half of EU/EAA firms (192 of all 386 firms)

09:19 - 17 July 2024

Omri Nir: Prop trading a key trend for brokerage industry in next couple of years

In charge of Sales and Business Development at Panda Trading Systems, Nir was recently at iFX Expo International

07:02 - 13 July 2024

Moody's upgrades Bank of Cyprus' long-term deposit ratings to Baa1

The outlook on its long-term deposit and senior unsecured debt ratings has been changed to stable, from positive

12:27 - 11 July 2024

Liquidator figures outline the anticipated outcome as Laiki’s shares in the Bank of Cyprus are liquidated

Over the course of two years, the Liquidator, through various actions, collected an amount of almost €238 million

07:47 - 11 July 2024

Assets under Management of Collective Investments at €9.1b in Q1

There were 328 Management Companies and Undertakings of Collective Investments under supervision

13:58 - 10 July 2024

CySEC revises previous decision on Veles International Ltd

The CySEC revised its decision after taking into account the explanations provided by the CIF and Ganna Dotsa

12:00 - 28 June 2024

CySEC approves Eurobank’s bid for the acquisition of Hellenic Bank

The Takeover Bid Document, as approved by CySEC, will be available free of charge in electronic form from 1 July …

07:46 - 27 June 2024

AstroBank named Best Private Bank in Cyprus for second consecutive year

The award was presented by Global Private Banker during a ceremony in London on 5 June

15:42 - 26 June 2024

Panos Prodromides elected Chairman of EU audit oversight committee

The Director General of the Cyprus Public Audit Oversight Board will be chairing the Committee for a four-year term

14:15 - 26 June 2024

iFX EXPO International 2024: The highlights (video)

The town of Limassol was transformed into a retail trading industry hub, with the expo attracting thousands of people

07:04 - 22 June 2024

Alpha Holdings says it is not negotiating Bank of Cyprus stake

The statement came after press reports suggested that such negotiations were underway

11:21 - 21 June 2024

Kristofer Richard Kraus resigns from Hellenic Bank’s Board of Directors

The Board of Directors thanked Kraus for his contribution and services to the Board and the Hellenic Bank Group

10:54 - 21 June 2024

President and Banks Association discuss economy, dialogue with USA and digital transformation

At the meeting, it was stressed that the Cypriot economy is performing "very well"

07:38 - 21 June 2024

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Financial Services

Cyprus had highest concentration of firms with cross-border investment activity in 2023

Omri Nir: Prop trading a key trend for brokerage industry in next couple of years

Moody's upgrades Bank of Cyprus' long-term deposit ratings to Baa1

Liquidator figures outline the anticipated outcome as Laiki’s shares in the Bank of Cyprus are liquidated

Assets under Management of Collective Investments at €9.1b in Q1

John Georgoulas: Cyprus’ technology sector has huge potential but needs more help from state & universities

CBC maintains prudent policy on dividend payments

Fitch Upgrades Hellenic Bank to 'BBB-' with stable outlook

Draft law for collective investments debated at the House

Andrey Dashin: "The business world has a crucial role in giving back to society"

Consulco hosts London Gin Night for its partners

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