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

Bank of Cyprus: Receive your dividend payment electronically

Shareholders may receive dividends electronically in a number of ways

10:44 - 23 May 2024

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

The new branch will be situated in Dali, and depending on public response, may be the first in a series …

13:21 - 21 May 2024

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

The payment of a final dividend for the fiscal year ended December 31, 2023 is for the amount of €0.25 …

14:55 - 17 May 2024

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

The Bank of Cyprus Group Chairman addressed shareholders at the Bank’s AGM

13:19 - 17 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

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Financial Services

Eurobank officially becomes main shareholder in Hellenic

Banks’ Return on Equity spikes to almost 25% in December 2023

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

Panikkos Vakkou appointed Vice Chairman of CySEC

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

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