Banking and Finance

Bank of Cyprus (BoC) has introduced its new Virtual Card, launched under the central message ‘The card that lives in your phone’, bringing the online shopping experience directly into everyday ...

For many years payday loans dominated the short term lending world. They offered quick cash to people who needed emergency money but at a very high cost. Traditional payday loans ...

National Bank of Greece (Cyprus) has appointed Michalis Athanasiou as Chief Business Officer, in a move that strengthens its management team during a period of dynamic growth and strategic upgrading ...

Net new loans in Cyprus fell by €18.5 million in October to €429.4 million, mainly due to a slowdown in lending to companies, while housing loans continued to rise, according to data ...

Foreign investment in Cyprus banks confirms global confidence in the island’s banking system and, by extension, in the dynamics and stability of the Cypriot economy, governor of the Central ...

The Foreign Exchange (Forex) market is a critical pillar of global finance, but its accessibility to retail investors has created a confusing landscape.  For many Cypriots seeking to understand online ...

Eurobank reaffirmed its long-standing role as a strategic partner of Cyprus’ tourism sector at the Association of Cyprus Tourist Enterprises (Stek) annual tourism conference 2025, which focused on ‘Sustainable Tourism: The ...

Cyprus’ banks kept their lending criteria unchanged in the third quarter of 2025, with both businesses and households facing the same terms and conditions as in the previous quarter, according to ...

The 16th Pension Forum in Nicosia examined the critical issues facing Cyprus’ pension system and the new perspectives emerging in a rapidly changing environment, according to the event overview. The ...

IDEA Innovation Centre of Bank of Cyprus (BoC) has opened applications for its 11th Startup Programme, inviting entrepreneurs who want to turn an innovative concept into a functioning business. Applications ...

For many, the word ‘forex‘ evokes images seen on social media: luxury cars, quick fortunes, and charismatic influencers touting guaranteed trading success. This high-octane portrayal, focused on rapid wins and ...

The fact that two ratings agencies either improved or kept the same rating for Cyprus was welcomed on Saturday with “particular satisfaction” by Finance Minister Makis Keravnos. Both Moody’s ...

Marios Skandalis has been appointed director general of the Association of Cyprus Banks, succeeding Michalis Kammas. He will officially assume leadership of the association on January 1, 2026. According to an announcement ...

Eurobank on Thursday released a statement detailing its participation at the 13th Energy Symposium, which took place in Nicosia this week. Eurobank was an official sponsor of the symposium, which, ...

The Central Bank of Cyprus (CBC) on Wednesday announced the issue of a silver collector coin with a nominal value of €5 in proof condition and a mint year of 2025. The ...

Loan and real estate management company doValue Cyprus on Turesday announced that it has “strengthened its position in the domestic non-performing loan servicing market after taking on a new portfolio ...

The Bank of Cyprus (BoC) has launched a new youth-focused initiative aimed at tackling environmental risks. According to an announcement released on Tuesday, the bank recently held its first event ...

The Central Bank of Cyprus (CBC), part of the Eurosystem, released its summary balance sheet this week, which showed that the institution’s total assets and liabilities stood at €30.49 billion ...

The National Bank of Greece (NBG) in Cyprus announced this week that it is joining forces with the University of Cyprus to support the Cyprus Entrepreneurship Competition (CyEC) 2025 through its ...

The Cyprus Investment and Securities Corporation Ltd (CISCO) has been named the best asset management company in Cyprus for 2025 by Global Banking and Finance Review magazine. CISCO previously secured the ...

The assets of investment funds in Cyprus recorded a 16 per cent increase in September 2025, compared with the same month in 2024, the Central Bank of Cyprus (CBC) said on Friday. The ...

Cyprus is uniquely positioned to develop a strong and competitive capital market, provided that the country approaches the privatisation of the Cyprus Stock Exchange (CSE) in a strategic and inclusive ...

The Bank of Cyprus‘ property management unit has achieved a significant turnaround in its non-core asset portfolio, announcing that property sales have exceeded new asset acquisitions since the start of 2019, ...

The Cyprus borrowers association (Syprodat) has warned that the resurgence of non-performing loans (NPLs) and the worsening housing crisis represent a “double challenge” for the Cypriot economy, threatening both its ...