Banking and Finance

Alpha Bank on Thursday unveiled a new corporate identity intended to reflect its transformation and expansion in recent years, with the rebranding also signalling its ambition to strengthen its role ...

The Bank of Cyprus on Thursday reported profit after tax of €383 million for the first nine months of 2026, up 9 per cent year-on-year, as strong lending and deposit growth, robust fee ...

The National Bank of Greece (NBG), which operates in Cyprus through its local subsidiary, reported profits after tax of €996 million for the first nine months of 2026, supported by stronger lending ...

Revolut has completed its latest fundraising process, reaching a $115 billion valuation, the fintech company announced on Wednesday, as it continues expanding its banking operations across international markets. The transaction was ...

CFA Society Cyprus launched its 2026-27 Local Research Challenge on October 29, with listed technology group Logicom Public Ltd selected as the subject company for this year’s competition. The launch ...

The state’s support for Cyprus’ former cooperative banking sector is expected to cost taxpayers around €2 billion between 2014 and 2030, with the final bill depending heavily on how much of the ...

Cyprus residents continue to receive some of the lowest interest rates on their savings in the eurozone, while businesses and households taking out loans face borrowing costs broadly in line ...

European investment platform Freedom24 plans to open an office in Geneva in the first quarter of 2027, as its parent company Freedom Holding Corp seeks to strengthen its links with Switzerland’...

Eurobank and Alpha Bank could have further room for share-price gains following their third-quarter results, with Swiss investment bank UBS maintaining buy recommendations on both lenders while highlighting their growing ...

The Cyprus Securities and Exchange Commission (CySEC) has reached a €40,000 settlement with Daventryx Limited over a possible breach of rules governing the provision of administrative services, following an investigation covering ...

The Bank of Cyprus is expected to report net profits of €119 million for the third quarter of 2026, with higher interest income and continued lending growth helping offset rising operating costs, ...

The Central Bank of Cyprus (CBC) has introduced a 1 per cent systemic risk buffer for all authorised credit institutions in Cyprus, effective from December 31, 2026, in a move aimed at strengthening ...

The National Bank of Greece will announce its nine-month financial results on November 4, 2026, after the market closes, with investors also due to hear a presentation of the figures during a ...

Eurobank repurchased more than 1.55 million of its own shares on the Athens stock exchange during the final week of October, spending approximately €6.74 million as part of its ongoing share buyback ...

Eurobank reported €367 million in profit before tax from its Cyprus operations for the first nine months of 2026, as the group’s overall net profit attributable to shareholders rose to €1.16 billion, ...

Financial institutions in Cyprus face growing risks from prolonged cyberattacks, after a distributed denial-of-service (DDoS) attack targeting a bank lasted 200 hours in the third quarter of 2026, according to cybersecurity company ...

The euro area economy has weathered a fresh energy price shock better than expected, according to the European Central Bank (ECB), with improved energy efficiency, government spending and a global ...

Euro area banks tightened lending standards for businesses and consumer credit in the third quarter of 2026, while demand for business and housing loans fell, as higher interest rates, geopolitical uncertainty ...

Eurobank has brought forward its interim dividend payment date to November 26, 2026, with the Greek banking group also revising the associated record and cut-off dates, according to an updated financial calendar ...

The National Bank of Greece has updated its 2026 financial calendar, informing investors of upcoming results announcements and interim dividend dates, including the publication of its 9-month results on November 4 and ...

Cyprus household debt stood at €20 billion, equivalent to 53 per cent of gross domestic product (GDP), at the end of June 2026, while debt among non-financial companies reached €41.7 billion, or 111 per cent ...

Alpha Bank’s international operations recorded a normalised net profit of €79 million in the first nine months of 2026, up 13 per cent year-on-year, while the Greek banking group’s Cyprus operations ...

Eurobank reported adjusted net profits of €1.21 billion in the first nine months of 2026, up 14.3 per cent year-on-year, with its operations outside Greece contributing almost half of the group’s earnings, ...

The Central Bank of Cyprus (CBC) set the reference interest rate at 11.60 per cent on Friday, under provisions of the Criminal Code aimed at preventing excessive charges on loans. The ...