CBC sets usury reference rate at 11.84 per cent
The Central Bank of Cyprus (CBC) has announced that the reference interest rate used to define the criminal offence of usury has been set at 11.84 per cent.
The determination of ...
Kyriacos joined the Cyprus Mail in 2020. He moved to the paper’s business & finance section a year later, focusing on local firms, up-and-coming startups, broader economic matters, and technology.