Banking and Finance

Interest rates for new housing loans in Cyprus rose to a peak of 3.41 per cent in January, up from 3.25 per cent during the previous month, though borrowing costs on the ...

H.I.G. WhiteHorse, the credit affiliate of HIG Capital, has provided first-lien, senior-secured financing to back the acquisition of Viabus B.V. by German investment firm Armira, in a ...

Plans to give very small businesses access to payment accounts with basic features are expected to go before parliament’s plenary, even as ministries, the Central Bank of Cyprus (CBC) ...

International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows meetings with major lenders ...

Capital markets firm Jefferies recently raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its buy recommendation, citing the bank’s strong earnings outlook and attractive shareholder ...

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (...

Bank employee union Etyk members at Societe Generale Bank Cyprus on Tuesday approved the renewal of their collective agreement for the 2023–2027 period with 96 per cent support, introducing for the first ...

The Cyprus Borrowers Association (Syprodat) on Tuesday called for careful and balanced handling of the foreclosure issue, urging meaningful dialogue between the government, parliament, banks and social stakeholders as debate ...

The Association of Cyprus Banks has expressed strong disagreement with proposed legislative amendments affecting payment account access, warning that the changes could create legal, practical and competitive problems for the ...

Alpha Bank Cyprus was fined €160,000 by the consumer protection service over abusive terms in mortgage loan agreements, in the latest enforcement action arising from a broader investigation into banks’ standard ...

Eurobank has reported strong profitability and expanding operations in Cyprus, among other core markets, in its annual financial report for 2025, published after the end of the financial year on December 31, 2025. ...

Greek lender Eurobank has announced that it bought back more than 4.5 million own shares between March 2, 2026 and March 6, 2026 as part of its ongoing share buyback programme. The purchases form part ...

Eurobank and BNP Paribas hosted a client dinner in Nicosia on March 4, in order to discuss global investment prospects and emerging opportunities in international markets. According to an announcement from ...

Partnership seeks to improve communication between banks and Cypriot firms The Cyprus Chamber of Commerce and Industry (Keve) and the Association of Cyprus Banks on Monday officially announced the launch ...

The Association of Cyprus Banks has warned that proposed legislative changes to Cyprus’ foreclosure framework could have negative consequences for credit institutions and the wider financial system, as parliament prepares ...

The Central Bank of Cyprus (CBC) on Friday reported a sharp decline in total net new loans in January 2026. Specifically, the figures showed that total net new loans fell by €377.7 ...

Cyprus continued to outperform most eurozone economies in fiscal balance in 2025, according to analysis released by Eurobank research economist Michail Vassileiadis, based on preliminary fiscal data and the first estimate ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced the launch of a public consultation on proposed amendments to its directive governing the register of beneficial owners of express ...

Bank employees’ union Etyk has reached a preliminary agreement with the management of Societe Generale for the renewal of the collective balance for the period 2023 to 2027, following intensive negotiations. “This ...

The Central Bank of Cyprus (CBC) issued a public notice on Thursday to inform people and businesses that banks will be closed for two upcoming national holidays. According to the ...

Eurobank on Thursday highlighted its role in strengthening the India–Cyprus–Europe financial corridor during the recently-held India-Cyprus Summit 2026, an event organised by the High Commission of India in Cyprus ...

The Bank of Cyprus (BoC) expects steady loan growth and remains open to targeted acquisitions under its 2026-2028 business plan, while positioning itself to withstand rising competition and potential economic ...

At the present stage, the direct and indirect effects of the expanding conflict in the Middle East on international banks and asset managers are considered manageable, according to a report ...

Over the past decade, technology has reshaped almost every area of personal finance. Banking, payments, savings tools, and even investment platforms have moved into the digital space. Lending has followed ...