CBC Governor: Cyber risk and data security “by far” the biggest threat for banks

Christodoulos Patsalides outlines Central Bank’s vision and priorities at the 12th Banking Forum & FinTech EXPO

11:39 - 16 January 2025

Martin Neisen: The emerging regulatory landscape for 2025 and the framework for the future of banks in Europe

The Partner at PwC Germany addressed the 12th Banking Forum & FinTech EXPO being held on 16 January in Nicosia

11:04 - 16 January 2025

Bank of Cyprus sells NPL portfolio and related collateral and facilities to Cerberus

This action is based on a relevant merger notification received by the Commission for the Protection of Competition

10:16 - 16 January 2025

Compensation for former Laiki Bank depositors and bondholders to begin in May

The amount that should be disbursed will be known once the evaluation of the applications is completed

07:54 - 16 January 2025

NPLs in the banking system down to 6.5% or €1.6 billion in Q3 2024

Total restructured loans of Authorised Credit Institutions at end-September 2024 amounted to €1.3 billion

07:46 - 15 January 2025

Maria Leontiou: “We are living in a period where we are experiencing something like the smartphone era”

The Head of Eurobank Next – Digital Growth & Future Competitiveness says AI is actually a platform shift

07:07 - 07 January 2025

Christina Andreou & Maria Antoniou: It’s best to use AI to our benefit than have it against us

The Regulatory Compliance Associates at SALVUS Funds discuss upcoming trends and challenges in fintech

07:00 - 04 January 2025

November deposits up €91.6m, loans down €1.8m

Total deposits reached €54.8 billion, while total loans were at €24.9 billion in November 2024

15:45 - 02 January 2025

Cyprus entering the era of instant payments - Interbank and interstate transactions in 10 seconds

This will be implemented in the SEPA zone, the 27 EU member states plus nine others, including the UK

08:51 - 30 December 2024

CySEC broadens the cases where drawing up a prospectus in English is accepted

The summary of the prospectus should be also made available in Greek

07:07 - 28 December 2024

Noam Levi: Cyprus’ financial industry has experienced a boom in the last couple of years (video)

The Co-Founder & CEO of Excela discussed fintech industry trends and challenges with CBN at the Cyprus Fintech Summit

07:00 - 27 December 2024

CySEC issues crypto warning

It said there is a high risk involved in crypto-assets, after their value rose sharply and suddenly last November

08:32 - 24 December 2024

Akis Tsekouras: Mastercard is very invested and believes a lot in the potential of Cyprus (video)

Mastercard is working closely with the Cyprus government on policies that welcome innovation in fintech, the executive added

07:00 - 24 December 2024

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Financial Services

CBC Governor: Cyber risk and data security “by far” the biggest threat for banks

Martin Neisen: The emerging regulatory landscape for 2025 and the framework for the future of banks in Europe

Bank of Cyprus sells NPL portfolio and related collateral and facilities to Cerberus

Compensation for former Laiki Bank depositors and bondholders to begin in May

NPLs in the banking system down to 6.5% or €1.6 billion in Q3 2024

Banks' profits at €952.5 million after taxes for Jan-Sep 2024

Veracloud Cyprus' Chara Savvides: It’s all about DORA right now

CIFA: Assets under management exceed €9.3b in 2024

Deposit and lending rates down in November 2024

Jose Peña and Rami Bar Lev on why Cyprus is the place to be for fintech right now

Backpack Exchange acquires Cyprus-based FTX EU, plans Q1 2025 launch

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