Banking and Finance

Eurobank on Friday said it is investing about €1 billion between 2025 and 2028 in what it described as the largest technology investment programme in the banking group’s history, as it seeks ...

Cypriot economists have warned that the European Central Bank (ECB) could raise interest rates further if the war in the Middle East continues to worsen, as higher oil prices threaten ...

The Bank of Cyprus (BoC) is bringing its fintech hackathon back to Nicosia from November 27 to 29, inviting developers, startups, professionals and students to build working digital products around finance, artificial ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides said the European Central Bank’s (ECB) latest 0.25 percentage point increase in key interest rates had become necessary as the prolonged conflict ...

Eurobank has emerged as the preferred pick among Greece’s four systemic banks after Euroxx upgraded its estimates and price targets for the sector, citing strong second-quarter results, improved earnings ...

Borrowers with floating-rate loans will see their repayments rise following the European Central Bank’s (ECB) latest interest rate increase, although the impact will not be immediate, the Association of ...

The European Central Bank (ECB) raised its three key interest rates by 25 basis points on Thursday, citing continued inflationary pressures from the conflict in the Middle East and warning that ...

George Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director ...

Alpha Bank will publish its nine-month 2026 results and hold its investor day on November 5, as the Greek lender prepares to present updated targets and its future strategic direction. The bank ...

The Cyprus Securities and Exchange Commission (CySEC) has urged regulated entities to take part in an Anti-Money Laundering Authority (AMLA) public hearing on new EU rules for assessing money laundering ...

The European Central Bank (ECB) is widely expected to hike interest rates on Thursday, erring on the side of caution as the US-Iran wardrags on, keeping oil prices high ​and ...

The National Bank of Greece (NBG) is due to announce its nine-month 2026 financial results on November 5, followed by a series of dates linked to an expected interim dividend later in ...

The Cyprus Stock Exchange (CSE) will admit 6,555,561 additional Eurobank ordinary shares to trading on its main market on Wednesday, September 9, following their creation through the exercise of stock options by ...

UBS has given a positive assessment of Greece’s banking sector, identifying it as one of Europe’s more attractive markets because of its combination of strong credit growth, profitability ...

Alpha Bank S.A. announced on Monday that it has repurchased a total of 1,746,545 of its own shares for an aggregate consideration of €8,098,859.46. The transactions were executed on the Euronext ...

Eurobank S.A. announced on Monday that it has repurchased a total of 1,179,047 of its own shares for a total cost of €5,440,796.06 as part of its ongoing share buyback programme. ...

S&P Global Ratings has revised the outlook on Freedom Holding Corp and four of its core subsidiaries from stable to positive, citing an improved assessment of banking-sector risks ...

The consequences of cybercrime, online fraud and email scams can be far-reaching, affecting both finances and peace of mind, according to the Bank of Cyprus (BoC). The bank noted that ...

Finance chiefs are increasingly expected to shape corporate value but are struggling to translate that ambition into action, with leadership, skills and technology gaps holding back transformation, according to consulting ...

Goldman Sachs has placed Greek banks among its highest-conviction European banking picks for September and the final quarter of 2026, citing attractive valuations compared with other markets, particularly Spain. The US ...

Financial services firms are moving rapidly to adopt artificial intelligence but remain poorly prepared for the workforce changes it could bring, according to a PwC survey of more than 1,000 senior ...

The European Central Bank (ECB) is expected to raise interest rates on September 10 for the second and final time in its shortest cycle of rate increases in 15 years, according to ...

Piraeus Bank SA announced this week that its wholly owned subsidiary, the Ethniki Hellenic General Insurance Company SA, has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200 million. The ...

The Bank of Cyprus (BoC) reiterated on Friday that it will stop paying dividends by cheque, with all future payments to shareholders holding their interests indirectly through depositary interests on ...