Housing loans demand up in Q3 2024 for the first time since Q1 2022

The net demand for loans from businesses remained unchanged compared to the previous quarter

08:20 - 06 February 2025

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Attica Bank's main shareholder wants Constantinos Herodotou as bank's Board Chairman

Thrivest Holding has sent a relevant letter to the bank's management, the Greek press has reported

08:44 - 05 February 2025

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Interest rates continued to rise in December 2024, CBC says

Deposit and lending rates regarding household products continued to rise during the last month of last year

07:46 - 05 February 2025

Hellenic Bank announces new reduction in reference interest rate for loans linked to the ECB's base rate

The interest rate is reduced by 0.25%, from 3.15% to 2.90%, effective from 5 February 5, 2025

12:04 - 04 February 2025

Future forecasting: How Cyprus is becoming a focal point for fintech innovation

A strategic location, a supportive business environment, and an ecosystem that champions innovation

12:43 - 03 February 2025

Alpha Holding announces acquisition of 100% stake in FlexFin

Alpha Holding says it made the acquisition with the intention of merging its Greek factoring operations with ABC Factors

09:11 - 29 January 2025

Loucas Marangos on why 2025 will be a year of adjustment for the financial sector

The CEO of cdbbank shares his view of the banking and wider sector this year as well as its future …

07:25 - 28 January 2025

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Assets under management total €9.1b in Q3 of 2024

323 Management Companies and Undertakings of Collective Investments under CySEC’s supervision

11:47 - 24 January 2025

EBA launches public consultation on Regulatory Technical Standards for crypto-asset service providers

CySEC said it encourages the regulated entities to respond to the call by 4 February

14:09 - 23 January 2025

Eurobank announces €400m bond issuance and €200m Hellenic Bank bond exchange

The issuance attracted robust demand of €2 billion, representing a fivefold oversubscription

11:49 - 22 January 2025

Bill to privatise Cyprus Stock Exchange in final stages of legal review

CSE Chairman Marinos Christodoulides said he expects the bill to be tabled at Parliament within the next month

11:26 - 21 January 2025

The banking sector at a crucial crossroads: Neobanks and the great challenge for traditional banks

The Founder and Managing Director of the IMR/University of Nicosia shared the findings of the recent relevant survey

08:11 - 21 January 2025

Iasonas Michailidis: The future for fintech is AI and a lot of automation (vid)

The Co-founder of Procufly cites increasing software costs and data centre expenses as key challenges

07:00 - 21 January 2025

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Financial Services

Housing loans demand up in Q3 2024 for the first time since Q1 2022

Attica Bank's main shareholder wants Constantinos Herodotou as bank's Board Chairman

Interest rates continued to rise in December 2024, CBC says

Hellenic Bank announces new reduction in reference interest rate for loans linked to the ECB's base rate

Future forecasting: How Cyprus is becoming a focal point for fintech innovation

Ioannis Georgoulas: "I anticipate that the EMI market will consolidate much sooner than expected"

CySEC seeks views on the introduction of ICT oversight fees for entities covered by DORA

Central Bank of Cyprus sets reference interest rate at 11.50%

Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership

Banking sector reports strong loan growth and nearly €1 billion deposit surge

Caius Capital LLP reduces its stake in Bank of Cyprus to below 5%

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