Banking and Finance

The National Bank of Greece has acquired 300,000 of its own shares during the period from August 7 to August 14, at a weighted average price of €13.1384 per share, with a total cost ...

The Cyprus Stock Exchange (CSE) on Wednesday announced that trading of the 13-week government bonds, 5th issuance of 2025, with the code TB13E25, will be suspended. Trading will be halted ...

Euromoney, an international magazine focused on banking, finance and financial markets, has named the Bank of Cyprus (BoC) the best bank in Cyprus in its 2025 awards for excellence. This marks ...

The non-performing loans (NPL) ratio of the Cypriot banking sector remained steady at 5.9 per cent in May, when compared with April 2025, the Central Bank of Cyprus (CBC) said in a ...

The Finance Ministry has formally designated the authorities responsible for ensuring compliance with the European Union’s digital operational resilience rules in the financial sector. The announcement, published in the ...

The Finance Ministry on Monday announced that the public consultation on the package of bills concerning the planned tax reform has been extended. In a post on social media platform ...

The World Bank’s latest Global Findex Database shows that mobile phones and the internet are transforming financial inclusion worldwide, making digital financial services more accessible, affordable, and widely used. ...

The Finance Ministry on Wednesday announced the end of trading for the 13-week Treasury Bills, fifth issue of 2025, which were issued on May 30, 2025, and will mature on August 29, 2025. The security, ...

The European Banking Authority (EBA) this week reported that the EU and EEA banking sector remained robust in the first quarter of 2025, despite higher costs of risk. Publishing its quarterly ...

The Cyprus Stock Exchange (CSE) Council on Monday expressed “deep concern and disappointment” over what it deems to be “the exclusion of meaningful incentives for the capital market” in the ...

One year has passed since the launch of the interbank ESG assessment project for Cypriot businesses, implemented by Artemis Credit Bureau through the Synesgy platform. According to a statement by ...

The Bank of Cyprus is doubling down on its innovation drive this October, launching its sixth fintech hackathon while also joining TechIsland’s donor network to help strengthen the island’...

The Association of Cyprus Banks and the Union of Arab Banks have agreed to set up a new platform to strengthen cooperation between the two banking systems, following the signing ...

The Bank of Cyprus Holdings Public Limited Company on Friday announced that 8,573 additional ordinary shares with a nominal value of €0.10 each were issued on May 28, 2025 to three executives under its ...

The Non-Performing Loans (NPL) ratio in the Cypriot banking sector fell to 5.9 per cent at the end of April, down from 6.1 per cent at the end of March, according to ...

The Cyprus Investment and Securities Corporation (CISCO), a wholly owned subsidiary of the Bank of Cyprus Group, on Friday announced a strategic partnership with global asset manager Schroders to launch ...

Eurobank remains the top pick among Greek lenders, according to the latest analysis by Jefferies, a global, full-service investment banking and capital markets firm. The firm maintained its “buy” rating ...

The Bank of Cyprus Holdings Public Limited Company and Bank of Cyprus Public Company Limited on Thursday announced the appointment of Georgios Syrichas as an independent, non-executive member of the ...

The Cyprus Stock Exchange (CSE) on Thursday announced the listing of additional shares for Bank of Cyprus Holdings Public Limited Company Plc on its Main Market. According to the CSE, ...

The average interest rate on new loans to Cypriot households is now almost aligned with the eurozone median, while for businesses the margin stands at 0.24 per cent, according to the ...

Two key challenges stand in the way of introducing a new scheme to address non-performing loans (NPLs), according to Finance Minister Makis Keravnos. Kervanos responded to a question from MP ...

Deposit rates in Cyprus fell in June while housing loan rates continued to rise, according to a report released this week from the Central Bank of Cyprus (CBC). In its ...

The Bank of Cyprus on Tuesday released its results for the second quarter, reporting post-tax profits of €118 million, maintaining the same level as the previous quarter. For the first half ...

The Bank of Cyprus on Tuesday announced that it will distribute an interim dividend of €0.20 per ordinary share. This interim dividend amounts to approximately €87 million and corresponds to about 40 per ...