Deposit interest rates in Cyprus decrease in May, mixed trends in lending

Concerning lending rates, consumer loan interest rates increased to 6.43%, up from 6.19% in the previous month

07:57 - 06 June 2024

Antonis Antoniou: How technology is transforming Wealth Management

The GM, Wealth Management & Global Markets at Eurobank Cyprus, talks about the importance of tools like the Bank’s new …

07:25 - 06 June 2024

Demetra and ETYK hold the key to Hellenic-Eurobank merger

The two next biggest shareholders must agree to sell their stake for the merger to go ahead – and it …

09:58 - 05 June 2024

Eurobank officially becomes main shareholder in Hellenic

The approvals, the 55.3% stake and the takeover bid to shareholders

10:06 - 04 June 2024

Banks’ Return on Equity spikes to almost 25% in December 2023

The spike in the return on equity ratio was mainly driven by high interest rates due to the ECB's restrictive …

07:39 - 04 June 2024

CySEC hosts European Financial Supervisory Authorities Internal Audit Forum

Internal audit professionals came together, shared insights and discussed the future of financial supervision and audit

09:45 - 28 May 2024

Hellenic Bank generates profits of €93.3m for 1Q2024

Strong footing for Hellenic Bank into 2024 with two landmark achievements

11:34 - 24 May 2024

World Bank dismisses claim and instructs depositors and bond holders to pay Republic US$6 million

The claims arose out of alleged discriminatory treatment as a result of the bailout package for Cyprus by the EC, …

14:06 - 23 May 2024

Bank of Cyprus: Receive your dividend payment electronically

Shareholders may receive dividends electronically in a number of ways

10:44 - 23 May 2024

Aristidis Vourakis reveals AstroBank is going against the trend and opening a new branch

The new branch will be situated in Dali, and depending on public response, may be the first in a series …

13:21 - 21 May 2024

Bank of Cyprus: Shareholders greenlight the dividend and Board members elected and re-elected

The payment of a final dividend for the fiscal year ended December 31, 2023 is for the amount of €0.25 …

14:55 - 17 May 2024

Takis Arapoglou: “2023 was a year we fully reaped the benefits of the Bank’s transformation”

The Bank of Cyprus Group Chairman addressed shareholders at the Bank’s AGM

13:19 - 17 May 2024

Panicos Nicolaou: Strong performance for Bank of Cyprus with a distribution over six-times higher than 2023

Bank of Cyprus Group CEO Panicos Nicolaou has described 2023 as a milestone year during the Group's AGM

12:36 - 17 May 2024

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Financial Services

Deposit interest rates in Cyprus decrease in May, mixed trends in lending

Antonis Antoniou: How technology is transforming Wealth Management

Demetra and ETYK hold the key to Hellenic-Eurobank merger

Eurobank officially becomes main shareholder in Hellenic

Banks’ Return on Equity spikes to almost 25% in December 2023

cdbbank: Start of cooperation with Bank of New York Mellon as correspondent bank

Panikkos Vakkou appointed Vice Chairman of CySEC

April deposits up for third month in row, loans decline

KV Fund doubles down with a €500,000 commitment between two of its ventures

CySEC announces launch event for its Regulatory Sandbox

Charis Kynigou: “AstroBank is breaking new ground with the Target Maturity Fund”

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