Banking and Finance

In March 2023 European Central Bank (ECB) chief Christine Lagarde fell for a prank call where she unwittingly revealed that Europe’s central bank digital currency, the digital euro, will have ...

The European Central Bank (ECB) released its consolidated banking data on Friday, revealing that total assets held by EU-headquartered credit institutions rose by 1.6 per cent to reach €33.50 trillion by the ...

The Central Bank of Cyprus (CBC) on Friday revised down its forecasts for economic growth in 2026 and 2027, citing the continuing war in the Middle East and warning that risks remain ...

The Cyprus Securities and Exchange Commission (CySEC) has warned investors about a number of websites that are not operated by entities authorised to provide investment services or carry out investment ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has called for the introduction of a standalone and compulsory financial literacy course in schools, arguing that stronger financial education is essential ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that, as of December 31, 2025, Epamina Corporate Ltd voluntarily waived its authorisation to provide administrative services, resulting in the lapse of its ...

Alpha Bank Cyprus has announced that it hosted a special event in Nicosia on Tuesday where it unveiled a new specialised unit aimed at strengthening its services for institutional clients ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial entities about the growing cybersecurity threats posed by advanced artificial intelligence models and called on firms to strengthen their ...

Visa has launched Click to Pay for eligible Revolut Visa cardholders, giving millions of consumers access to a faster, simpler and more secure way to pay online, while marking a ...

A packed hall at the Bank of Cyprus (BoC) head offices became a celebration of talent, effort and family pride, as students who excelled in mathematics competitions in Cyprus and ...

The European Banking Authority (EBA) on Tuesday published a comprehensive review of the European Union bank microprudential, macroprudential and resolution capital framework, as part of its ongoing simplification and efficiency ...

The Central Bank of Cyprus (CBC) this week published a summary overview of its governance framework, outlining the structures, principles and decision-making mechanisms that underpin its operations in a move ...

Greek lender Eurobank announced on Tuesday that it distributed 1,727,493 own common registered voting shares to its staff on June 15, 2026, marking the latest stage of its executive remuneration scheme. In its ...

The Central Bank of Cyprus (CBC) this week published new figures showing that significant differences remain between interest rates offered by Cypriot banks and those prevailing across the eurozone, although ...

Morgan Stanley has initiated coverage of Greece’s banking sector with a positive stance, arguing that the investment case for Greek lenders remains compelling despite the strong rally recorded in ...

The Cyprus Development Bank (CDB) announced on Monday that it will proceed with the payment of interest to bondholders for its CDBB1 series. The payment covers the six-month interest period ...

The Cyprus Stock Exchange (CSE) has announced that it authorised the listing of new 13-week government treasury bills totalling €50 million following a successful auction held on June 12, 2026. These securities consist ...

The Cyprus Stock Exchange (CSE) has announced adjustments to the weight factors of two major financial institutions within the FTSE/CySE20 Index, effective from Monday, June 22, 2026. This decision follows the ...

Greek lender Eurobank S.A. announced on Monday that it had repurchased a total of 1,657,727 of its own shares between June 10 and June 12, 2026, as part of its ongoing share buyback ...

Digital transactions in Cyprus are continuing to grow at a rapid pace, as consumers and businesses increasingly move towards card payments, mobile banking, electronic wallets and fintech applications. The shift ...

Safety officials and education authorities recently launched a new fire safety educational programme for primary and secondary schools at the Astromeritis Primary School, according to an announcement released on Monday. ...

European Supervisory Authorities recently published their first annual overview of major ICT-related incidents in the European Union financial sector, revealing a rising pattern of cross-border disruptions and warning that increasingly ...

The European Banking Authority (EBA) has published its draft methodology, templates and guidance for the 2027 EU-wide stress test, introducing major changes aimed at simplifying data requirements and improving risk sensitivity ...

The restoration of losses suffered by bank employees during the 2013 financial crisis was a central issue at the 58th annual general congress of bank workers union (Etyk), held in Nicosia ...