Revolut expects to hit $2b revenue mark this year despite setbacks

The fintech said it added close to 10 million customers last year, driving deposits up by 71%

12:21 - 22 December 2023

PwC Cyprus hosts informative CESOP event on new VAT reporting obligation

The event focused on the upcoming EU database for centralising information reported by Payment Service Providers

12:12 - 22 December 2023

CBC maintains countercyclical buffer rate at 1%

It said it deemed it appropriate to keep the rate unchanged from its previous decision dated 2 June 2023

09:41 - 21 December 2023

BoC to acquire €58m KEDIPES performing loan portfolio

Bank of Cyprus Public Company Limited has entered into an agreement with Cyprus Asset Management Company

15:27 - 19 December 2023

Hellenic Bank’s Wealth ‘investing in the new macro regime’ client forum

Michaella Savva, Manager of Wealth & Investment Services at Hellenic Bank, analysed the new macroeconomic environment

11:45 - 19 December 2023

Cyprus’ bankers present at the 11th Banking Forum and Fintech Expo

They discussed the challenges but also prospects in the banking sector

07:00 - 08 December 2023

Herodotou: A digital euro is necessary to address the digital revolution

The Central Bank of Cyprus Governor was addressing the 11th Banking Forum and Fintech Expo in Nicosia

13:01 - 07 December 2023

US financial crime experts meet with local authorities

The Government Spokesman said they are here to help the investigation and exchange best practices

08:15 - 07 December 2023

Bank of Cyprus signs UN Principles for Responsible Banking

Banks that have signed the Principles commit to being ambitious in their sustainability strategies

10:48 - 06 December 2023

Okoora launches European expansion with new Cyprus branch

The Swiss-Israeli fintech startup said the new office will support its push to obtain an EMI licence

11:39 - 05 December 2023

The Banker: Bank of Cyprus wins award as Bank of the Year 2023

The award covers the evaluation period from June 2022 to June 2023

11:24 - 04 December 2023

CySEC’s Karatzias: €6m fines in the past three years – 12% rise in regulated entities

“The severity of our decisions reflects the importance we attribute to investor protection and the sector’s credibility”

07:00 - 29 November 2023

Bundesbank Head coming to Cyprus to discuss monetary policy and economic developments

Dr Joachim Nagel will be in Cyprus between 27 and 28 November, sources have told the Cyprus News Agency

13:58 - 24 November 2023

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Financial Services

Revolut expects to hit $2b revenue mark this year despite setbacks

PwC Cyprus hosts informative CESOP event on new VAT reporting obligation

CBC maintains countercyclical buffer rate at 1%

BoC to acquire €58m KEDIPES performing loan portfolio

Hellenic Bank’s Wealth ‘investing in the new macro regime’ client forum

CySEC: Thirteen companies fined for violating transparency laws

Capital Intelligence revises outlook for Bank of Cyprus to positive

Antonis Rouvas: Zero tolerance to strategic defaulters

Petros Livanios a Corporate Consultant at DS Partners Law Firm

Baker Tilly Cyprus is hiring a Credit Controller

Trusts aren’t only for the “super-rich”

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