KEDIPES: Increased cash inflow of €144m in Q1

The state-owned asset management agency also reported a €140m payment to the state, bringing the total to €1.3b

14:48 - 13 June 2024

Eurobank holds 55.48% of Hellenic Bank after acquiring additional shares

Eurobank, following the above acquisition, directly holds 229,029,857 shares representing 55.48% of the total

08:07 - 13 June 2024

Central Bank Govenor Christodoulos Patsalides

Taxation on windfall profits would harm the economy, CBC Governor says

Such a tax "would not help the economy, but would rather hurt it," new CBC Governor Christodoulos Patsalides said

08:05 - 13 June 2024

CBC Governor: Banks showing increased interest in securing licences in Cyprus

Christodoulos Patsalides also said that the Central Bank sees the Eurobank-Hellenic deal in positive light

07:00 - 13 June 2024

Mastercard’s Panagiotis Polydoros on how Cyprus could be a hub for pilot tech programmes

The country's size, and the size of its economy, could be a benefit instead of a deterrent, Polydoros suggests

07:11 - 12 June 2024

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

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

The cooperation is expected to further enhance the banking and financial services offered by cdbbank

14:56 - 30 May 2024

Panikkos Vakkou appointed Vice Chairman of CySEC

He is replacing outgoing George Karatzias, who has been elected an executive member of the CBC Board

09:22 - 30 May 2024

April deposits up for third month in row, loans decline

Total deposits recorded a net increase of €209.1m, while total loans recorded a net decrease of €278.6m in April

08:21 - 30 May 2024

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Financial Services

KEDIPES: Increased cash inflow of €144m in Q1

Eurobank holds 55.48% of Hellenic Bank after acquiring additional shares

Taxation on windfall profits would harm the economy, CBC Governor says

CBC Governor: Banks showing increased interest in securing licences in Cyprus

Mastercard’s Panagiotis Polydoros on how Cyprus could be a hub for pilot tech programmes

Eurobank increases its portion of Hellenic Bank shares to 55.42%

How the interest rate cuts are expected to affect the Cyprus economy

ECB reduces interest rates for the first time since 2019

Finance Minister renews call on banks to lower interest rates

Eurobank Group's 'egg - enter grow go' named Best Performing New EBAN Member 2024

Pure new loans from Cyprus banks increase by 7.4% in April

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