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

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

The ACEMPI Chairman shares why he believes we are at the beginning of the evolution of the EMI sector

07:17 - 01 February 2025

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

The Cyprus Securities and Exchange Commission has published a consultation paper setting out the plans

15:09 - 31 January 2025

Central Bank of Cyprus sets reference interest rate at 11.50%

Individuals found guilty of exceeding the reference interest rate could face imprisonment of up to five years

12:08 - 31 January 2025

Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership

Aim is to enhance financial market integrity and promote key values, including transparency, accountability & compliance

10:29 - 30 January 2025

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

On the lending front, total loans recorded a net increase of €503.2 million in December 2024, the CBC said

07:45 - 30 January 2025

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

Caius Capital's stake in Bank of Cyprus has been reduced to 4.98% from the 5.65% it previously held

11:05 - 29 January 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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Financial Services

Bank of Cyprus achieves ISO 37301 certification

Interest on mortgages, household deposits rate up in December

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

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

S&P upgrades Bank of Cyprus to investment grade

RSM in Cyprus' revenue jumps 7.9%

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

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