Banking and Finance

The European Central Bank’s decision to hold interest rates gives the eurozone time to assess growing trade risks and maintain financial stability, according to fintech app Plum. Following the ...

Eurobank has retained its position as the top asset manager in Greece, according to Maria Koletta, head of sales and assistant general manager at Eurobank Asset Management Mutual Fund Management ...

Credit transfers remain the most popular non-cash payment method in Cyprus by total transaction value, accounting for 83 per cent, according to a report published on Thursday by the Central Bank ...

Limassol has emerged as the strongest performer for high-end house rentals in Cyprus’ residential property market, while Nicosia recorded the lowest average rents, according to a report released on Wednesday ...

The Bank of Cyprus (BoC) on Wednesday announced that it has issued 8,573 new shares to members of its general management under its short-term incentive plan, according to a formal information ...

The Central Bank of Cyprus (CBC) on Tuesday reported total assets of €28.35 billion as of June 30, 2025, according to a report by governor Christodoulos Patsalides. The largest component of the central ...

Chief marketing officers (CMOs) in the online trading and CFD sector face exceptionally short tenures, with firms based in Cyprus, the United Kingdom, and the UAE showing similar patterns, according ...

The Cypriot economy continues to demonstrate significant resilience and adaptability despite ongoing global uncertainty, according to Central Bank of Cyprus (CBC) governor Christodoulos Patsalides. In its June 2025 economic bulletin, the ...

Government debt across the euro area and European Union rose in the first quarter of 2025, while Cyprus recorded one of the largest annual decreases in debt and posted a strong ...

The Cyprus Stock Exchange (CSE) announced on Monday that it will remove AstroBank’s bonds from trading after the bank completed the early redemption of the securities under their original ...

The healthcare financing partnership between AlKhair Capital and UAE-based fintech KLAIM, targeting up to $50 million in deployment, signals more than just another cross-border collaboration. It represents how Gulf-based Islamic finance ...

Here are the top business stories in Cyprus from the week starting July 14: The finance ministry has “absolutely refused” to pay any money to Greece’s independent transmission system operator (...

The Cyprus Securities and Exchange Commission (CySEC) has confirmed that the Administrative Court has annulled its decision to impose major fines on Ioannis and Amalia Vardinoyiannis, following a long-running legal ...

Tourism in Cyprus continued to strengthen in June 2025, with tourist arrivals rising 3.4 per cent year-on-year to reach 498,527, compared to 482,261 in June 2024, according to the state statistical service. For the first ...

The National Bank of Greece (Cyprus) on Thursday announced that it has introduced a new fixed-term deposit that combines stable returns with simple and transparent terms. “In a time of ...

Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC). The CBC published its 2024 Financial Stability Report (...

Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC). The CBC published its 2024 Financial Stability Report (...

The Cypriot banking sector experienced a decline in profitability, an increase in total assets, and a further strengthening of capital adequacy, according to a report from the Central Bank of ...

The Wellington Management Group has reduced its stake in Bank of Cyprus Holdings Public Limited Company, falling just under the 4 per cent threshold, according to a filing submitted to the ...

The Ygia Group this week announced that it has completed the acquisition of Eden Medical Center, making it the largest private provider of inpatient care in Cyprus, with more than 270 ...

The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning ...

The European Banking Authority (EBA) this week announced the launch of three public consultations focused on developing new regulatory technical standards and guidelines governing third-country branches operating within the European ...

Approximately one third of the people in Cyprus are currently struggling to find the money for a weekly get-away, according to new Eurostat data released on Monday. Specifically, the EU’...

The Cyprus Securities and Exchange Commission (CySEC) has released the results of the certification examinations held in June 2025 in accordance with its directive concerning the certification of individuals and the ...