CySEC cracks down on Veles International and its sole shareholder

Dmitry Vitalyevich Bugayenko, of Russian-Cypriot nationality, is also on the US list of sanctioned persons

10:52 - 12 April 2024

Hellenic Bank announces €365.4m profit in Group financial results 2023

According to the results, new lending in 2023 reached €1.2 billion, up 2% year-on-year

09:09 - 10 April 2024

NPLs in Cyprus banking system decline below €2 billion in 2023

As a percentage of total loans NPLs amounted to 7.9% by end-2023, compared with 9.5% in end-2022

08:02 - 10 April 2024

Bank profitability spikes by 644% in 2023 driven by high interest rates

Also, according to Aggregate Cyprus banking sector data, net interest income for 2023 jumped by 97%

07:40 - 10 April 2024

Assets under management at €8.56b in Q4 2023

CySEC said it had 328 Management Companies and Undertakings of Collective Investments under its supervision

12:29 - 09 April 2024

Eurobank: Outbound growth strategy, presence in five countries and subsidiaries profile

Eurobank anticipates its participation in Hellenic Bank’s shares will increase to 55.3% within the second quarter of this year

10:45 - 02 April 2024

Bank of Cyprus - currency conversion in the eFx convert era

Its new eFx convert service is available on 1bank, the BoC Mobile App and Internet Banking

12:53 - 29 March 2024

CySEC aims to increase scrutiny of Cyprus Investment Firms’ cross-border activities in 2024

Chair urges entities to review policies, procedures and internal controls arrangements to ensure regulatory compliance

15:20 - 27 March 2024

CySEC to hold financial literacy lecture at Agios Georgios Lakatamia Lyceum

The lecture is among actions CySEC is taking as part its participation in the annual campaign Global Money Week 2024

09:35 - 27 March 2024

Form for Cyprus Investment Firms’ fees updated on CySEC’s website

The Securities and Exchange Commission said the forms must be completed and settled by 30 April the latest

10:26 - 26 March 2024

Bank of Cyprus announces €112m dividend and a share buyback of up to €25m

The Bank has announced a payout ratio of 30% for FY2023 Distribution to shareholders

09:46 - 20 March 2024

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Phivos Stasopoulos reveals the sources of the increase in Hellenic Bank’s profitability

The Chief Banking Officer also explains why Eurobank's participation is a positive development

09:04 - 19 March 2024

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Eurobank presents its green headquarters in the heart of Athens (pics)

The highly symbolic building is situated opposite the old parliament and has been part of the city's business history since …

07:16 - 16 March 2024

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Financial Services

CySEC cracks down on Veles International and its sole shareholder

Hellenic Bank announces €365.4m profit in Group financial results 2023

NPLs in Cyprus banking system decline below €2 billion in 2023

Bank profitability spikes by 644% in 2023 driven by high interest rates

Assets under management at €8.56b in Q4 2023

Cyprus calls for applications from those hit by 2013 financial crisis decisions

Dr Christodoulos Patsalides: A highly experienced banker at the helm of the CBC

CBC: New loans up a monthly €112.8m in February

CIFA-CySEC meetup to discuss local funds sector

CySEC: Financial literacy – next stop, Engomi A Elementary School

CBC names five banks as Other Systemically Important Institutions

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