Net demand for business and household loans unchanged in Q4 2024

On the other hand, a decrease was recorded in net demand for consumer and other loans, the CBC said

10:32 - 07 March 2025

CyFLEC: Conference on financial education with a focus on youth

The Cyprus Financial Literacy and Education Commission is organising its first international conference on 13 March

10:04 - 07 March 2025

CBC: €42,493 in bounced cheques last month

Same amount of bounced cheques issued in February as previous month, though number of cheques was up

08:54 - 07 March 2025

New loans drop to €318.7m in January, down from €592m the month before

The drop was mainly attributed to a decrease in business loans, while consumer and housing loans showed mixed trends

08:50 - 06 March 2025

Bank of Cyprus: Why rejecting the Lone Star proposal was the right move

About two and a half years later, the Bank of Cyprus has proved in practice that its decision at the …

09:19 - 04 March 2025

Bank of Cyprus reports €508m profit and proposed distribution rate of 50% in 2024

The introduction of interim dividends is to be considered, CEO Panicos Nicolaou said

09:32 - 18 February 2025

Eurobank-Hellenic: What the new entity may be called and what is changing for the banks’ four insurance companies

Eurobank is preparing to acquire 100% through the public offer and also - if necessary - through a squeeze out

11:07 - 14 February 2025

Bank of Cyprus achieves ISO 37301 certification

Bank of Cyprus is the first organisation in Cyprus and in Southeastern Europe to achieve this certification

10:38 - 13 February 2025

Interest on mortgages, household deposits rate up in December

The average rate on new housing loans across all MFIs in Cyprus increased to 4.75% in December 2024

07:33 - 13 February 2025

Eurobank Group acquires additional 37.5% stake in Hellenic Bank, reaching 93.47% ownership

A public offer has also been submitted to the remaining shareholders of Hellenic Bank

10:16 - 11 February 2025

Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9b market cap milestone

The company’s strong performance and business model were recognised by S&P Global Ratings

09:38 - 11 February 2025

S&P upgrades Bank of Cyprus to investment grade

The development is considered to be significant for the bank and the wider banking sector in Cyprus

09:22 - 10 February 2025

RSM in Cyprus' revenue jumps 7.9%

Growth experienced in Cyprus for the fourth successive year; tax services recorded the strongest growth

09:27 - 07 February 2025

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Financial Services

Net demand for business and household loans unchanged in Q4 2024

CyFLEC: Conference on financial education with a focus on youth

CBC: €42,493 in bounced cheques last month

New loans drop to €318.7m in January, down from €592m the month before

Bank of Cyprus: Why rejecting the Lone Star proposal was the right move

A closer look at Alpha Bank Cyprus' acquisition of AstroBank

New major bank deal: Alpha Bank to acquire AstroBank for €205m

Competition in banking sector “is limited", CBC Governor says

Hellenic Bank announces €383m profit for 2024

Tracing the footsteps of women in Cyprus: Movements, Struggles & Feminisms

NPLs at 6.6% of total loans in October, monthly increase of €16m

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