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

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

It will be granting strategic follow-on capital to EMBIO Diagnostics and Promed Bioscience, expanding its US footprint

12:20 - 29 May 2024

CySEC announces launch event for its Regulatory Sandbox

The Regulatory Sandbox will provide testing opportunities for innovative solutions in a controlled environment

07:13 - 29 May 2024

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

The Head of AstroBank’s Private Banking, Treasury & ESG Division talks about the new product

07:10 - 29 May 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

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

Fokion Karavias: “All our strategic initiatives, including Hellenic Bank in Cyprus, are on track”

The Eurobank Holdings CEO presented the company’s 1Q2024 Financial Results which indicate the financial performance in Cyprus has improved substantially

08:36 - 17 May 2024

Cypriot banks are well capitalised, SSM chief says, cautions over “novel” risks (video)

Claudia Buch is the new chair of the ECB’s Single Supervisory Mechanism has visited Cyprus

07:47 - 17 May 2024

BOC’s Panicos Nicolaou desribes proposed taxation of banks’ windfall profits as "political risk”

Bank of Cyprus Group CEO says action would be “a stain on the credibility of our country"

13:39 - 16 May 2024

Bank of Cyprus Group reports €133m profit after tax for first quarter of 2024

The figure is up 40% year-on-year, while basic earnings per share stood at €0.30 for Q1 2024

11:14 - 16 May 2024

ECB Supervisory Board to meet for the first time in Cyprus

The Central Bank of Cyprus is set to host the regular meeting of the Supervisory Board of the European Central …

07:55 - 16 May 2024

Bank of Cyprus wins 2 awards for Best Bank from Global Finance

It said this was down to its strong financial and operational performance, and the relaunch of dividend payments

11:09 - 14 May 2024

Online applications for National Solidarity Fund reopen 14 May

The Fund was set up to support those whose deposits and securities were impaired in the 2013 “haircut”

15:40 - 13 May 2024

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Financial Services

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”

CySEC hosts European Financial Supervisory Authorities Internal Audit Forum

Hellenic Bank generates profits of €93.3m for 1Q2024

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

Bank of Cyprus: Receive your dividend payment electronically

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

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

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

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