Bank of Cyprus announces measures to support the Cypriot economy and its customers

The measures include interest rate reductions, rewards for consistent borrowers, and new housing and business loans

10:39 - 23 December 2024

Hellenic Bank announces targeted measures to support society

The measures include more ATMs, free ATM cash withdrawals and, specifically for pensioners, free bank withdrawals

09:11 - 23 December 2024

Central Bank Govenor Christodoulos Patsalides

CBC exploring raising bank capital requirements amid emerging risks, Governor says

Christodoulos Patsalides has also hinted at the possibility of increasing capital buffers

07:46 - 23 December 2024

Denis Efremov: I would actually compare Cyprus’ fintech industry to Israel or Singapore (video)

The Principal, R136 Ventures, said the local market is fairly small and most companies aim global from day one

07:00 - 21 December 2024

Central Bank creating a Directorate for the Supervision of EMIs and PIs

The CBC says the new strategy aims to ensure the prudent and sustainable development of the sector

11:51 - 20 December 2024

Cyprus Central Bank reports October 2024 interest rates trends

The study looked at housing loan rates, business loan trends and fixed-term deposit rates, among other aspects

07:45 - 17 December 2024

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Bank CEOs to evaluate Christodoulides’ recommendations and meet again on 18 December

The CEOs of the Bank of Cyprus and Hellenic Bank will return to the Presidential Palace this week

11:11 - 16 December 2024

Tripartite meeting at the Presidential Palace with interest rates on the agenda

President Christodoulides to meet with the CEOs of the Bank of Cyprus and Hellenic Bank

08:35 - 16 December 2024

CI upgrades Hellenic Bank ratings, outlook revised to stable from positive

Capital Intelligence Ratings upgraded Hellenic Bank's Long-Term Foreign Currency Rating (LT FCR) to 'BBB-' from 'BB'

07:48 - 16 December 2024

S&P Global Ratings upgrades credit ratings of Freedom24 and other Freedom Holding Corp. units

S&P also raised the long-term credit ratings of three other subsidiaries of Freedom Holding Corp.

14:04 - 13 December 2024

The magic of fintech was on display in Limassol at CFS 2024

Cyprus Fintech Summit took place at the Crowne Plaza hotel in Limassol on 6 December

13:01 - 13 December 2024

Plenary rejects bank windfall tax proposal following tie in MP votes

After a debate that lasted over three hours, sometimes in a confrontational climate, the Plenary voted against the proposal

07:55 - 13 December 2024

CBC urges payment service providers to keep new instant payments regulation deadlines in mind

Aim is to accelerate roll-out of instant payments in Europe and cover credit transfers denominated in euro within EU

09:19 - 12 December 2024

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Financial Services

Bank of Cyprus announces measures to support the Cypriot economy and its customers

Hellenic Bank announces targeted measures to support society

CBC exploring raising bank capital requirements amid emerging risks, Governor says

Denis Efremov: I would actually compare Cyprus’ fintech industry to Israel or Singapore (video)

Central Bank creating a Directorate for the Supervision of EMIs and PIs

CI Ratings upgrades Bank of Cyprus and revises outlook to 'Stable'

KEDIPES repays €70m, total repayment to the state now at €1.47 billion

Cyprus' electronic money sector growing with dozens of new EMI applications under evaluation

President announces fee-free direct transfers from mid-2025 following meeting with bank CEOs

CySEC launches new website

Demetra Holdings schedules EGM for vote on sale of Hellenic Bank shares to Eurobank

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