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

DORA entered into force on 16 January 2023 and will apply as of 17 January 2025

09:49 - 09 August 2024

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

Americas attracts the lion’s share of fintech investment in H1’24 with $36 billion

16:09 - 08 August 2024

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Marios Maratheftis resigns from Hellenic Bank Board

Board members have begun resigning to facilitate a smooth transition for the new leadership under Eurobank

11:10 - 08 August 2024

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

The Bank of Cyprus Group reported a profit of over €270 million in its Financial Results for the six months …

09:54 - 08 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

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

Top-tier international speakers at the Global Yield 2025

The 2024 edition, with a richer and more diverse agenda, will focus on market analysis for key investment areas & …

09:44 - 31 July 2024

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CBC sets reference interest rate at 11.76%

it constitutes an illegal act when a person reaps, receives, collects, or charges in excess of the reference interest rate

08:50 - 29 July 2024

Total deposits show decrease, loans up in June

Total deposits in June 2024 recorded a net decrease of €44.1 million, compared with a net increase of €925.7 million …

10:16 - 26 July 2024

Invest Cyprus: EIB decision to open office in Nicosia “a significant milestone for Cyprus”

EIB Head Nadia Calvino will inaugurate the Bank’s offices in Cyprus in the Autumn

11:06 - 24 July 2024

ESMA Chair Verena Ross in Cyprus for the Global Yield 2025

Global Yield 2025, the 10th International Funds Summit & Expo, will unite top regulators, market analysts and industry leaders

09:58 - 24 July 2024

Non-performing exposures remain broadly unchanged in May

Compared with the end of 2023, NPEs in the banking sector have registered a reduction of just €81 million

07:35 - 24 July 2024

XM hosts MBA students at its Limassol offices

The global trading platform’s People & Culture Team shared insights about its operations and life at XM

12:24 - 23 July 2024

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Financial Services

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"

payabl. joins the Association of Cyprus International Financial Firms

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

Eurobank S.A. completes takeover bid for Hellenic Bank

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

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

Cyprus banking sector solvency ratio at 25.7% in March 2024

Christos Themistocleous resigns from the Hellenic Bank Board with immediate effect

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