Banking and Finance

The Central Bank of Cyprus (CBC) on Thursday released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in ...

Cyprus has entered a new era in its electricity sector with the launch of the competitive electricity market, a development in which Eurobank played a decisive role as the general ...

Global financial messaging network SWIFT and more than 30 global banks announced this week they were now working “at pace” on making cross-border payments instantaneous and on a system capable of ...

Alpha Bank has stepped up its share buyback programme while also rewarding shareholders with a sizeable interim dividend. The bank announced that between September 22 and September 26, 2025, it purchased 1,399,761 of its ...

The Cyprus Association of Electronic Money and Payment Institutions (ACEMPI), which operates under the Cyprus Chamber of Commerce and Industry (Keve), has officially joined the European Payments Council (EPC) as ...

Eurobank has announced the acquisition of 2,458,326 of its own shares traded on the Athens Stock Exchange (ATHEX). The bank said the average purchase price was €3.3101 per share, with a total ...

A new verification of payee service will be implemented by all banks operating in Cyprus and the SEPA zone in October 2025, aiming to enhance the security of electronic payments. The ...

The preferred method for submitting bids in all types of privatisations should be open, transparent, with equal access to information and free of conditions that could reduce the final price, ...

The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) for exposures in the Republic of Cyprus at 1.5 per cent. In a statement on Monday, ...

The Cyprus Borrowers Association (Syprodat) this week described as a “significant turning point” the decision by the Consumer Protection Service to impose fines on the Bank of Cyprus and Eurobank ...

Bank deposits in Cyprus rose by a net €44.3 million in August, according to the latest deposit and loan statistics published by the Central Bank of Cyprus (CBC) this week. At ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a statement reaffirming that the country’s regulatory framework for the investment and capital markets sector is fully aligned with ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

As Cyprus, and the world, embraces digital payments, the latest report from the Central Bank of Cyprus (CBC) serves as a sobering reminder: with innovation comes vulnerability. The CBC’s ...

The Cyprus Securities and Exchange Commission (CySEC) has recently taken several enforcement decisions, imposing fines and bans on directors, penalising a company for late reporting, and approving the voluntary renouncement ...

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

The European Investment Fund (EIF) and Eurobank (Cyprus) on Tuesday announced the launch of the first InvestEU Guarantee transaction in Cyprus, unlocking €62.5 million in new financing for small and medium-sized ...

The Consumer Protection Service on Tuesday announced that it has imposed substantial administrative fines on the Bank of Cyprus and Eurobank (Cyprus) for including unfair terms in their mortgage loan ...

Eurobank Holdings this week announced that its subsidiary, Eurobank, has successfully completed an additional bond issuance following strong interest from institutional investors. The bank said the move concerns its high-priority ...

Atlantic Insurance Company Public Ltd on Tuesday announced that Astrobank has reduced its stake in the firm through a series of pre-agreed share sales. The company said that between September 16 ...

Finance education stands out for combining theory, practice, behavioural insights, and global financial systems, according to Constantinos Kourouyiannis, president of CFA Society Cyprus. In a piece of analysis released on ...

Greek investors prioritised technology and artificial intelligence stocks during the summer of 2025, according to a survey released this week by fintech app Plum. According to the survey, shares of Nvidia ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Monday announced changes to the composition of their board committees. Firstly, the new composition ...

Eurobank Holdings on Monday announced the acquisition of 2,712,383 of its own shares between September 15 and September 19 at an average acquisition price of €3.24 per share, for a total cost of €8.78 million. ...