Banking and Finance

Moody’s confirmed Eurobank’s Baa1 long-term deposit and senior unsecured debt ratings this week, while raising the outlook on its deposit ratings to positive from stable. In its latest ...

When choosing a broker, traders usually prioritize spreads, the range of available assets, and regulatory status. Convenience is a parameter that rarely tops the criteria list at the outset, yet ...

Foreclosures remain a last resort, CBC analysis finds Cyprus’ foreclosure framework has helped produce a significant number of consensual settlements while keeping repossession of primary homes relatively limited, according to ...

Eurobank repurchased 1,313,681 of its own shares for €6.14 million on Euronext Athens between September 14 and September 18, 2026, as part of its ongoing share buyback programme. The bank said the shares were bought ...

Alpha Bank has priced a €700 million senior preferred bond issue after attracting €2.9 billion of demand from investors, the Greek bank announced on Monday. The fixed-rate reset notes, due on March 28, 2031, ...

Alpha Bank S.A. acquired 2,033,797 of its own shares on Euronext Athens for a total consideration of €9,832,079.81 between September 14, 2026 and September 18, 2026, the Greek lender announced on Monday. The share repurchases ...

Cyprus credit servicers manage €9.3bn in household loans Cyprus’ credit servicers and credit acquiring companies held a €19.28 billion loan portfolio at the end of June 2026, with the sector’s non-performing ...

Opening a Bank Account online can be considerably faster than the traditional branch-based process. For eligible customers, Aadhaar-based verification and PAN can help simplify digital onboarding, while Video KYC can ...

The European Central Bank (ECB) has warned that euro area households are keeping too much of their wealth in cash and low-yield deposits, while Cyprus faces a particular challenge in ...

S&P Global Ratings has upgraded Cyprus’ long-term credit rating to A, while maintaining a positive outlook for the country’s sovereign debt. The upgrade was welcomed by President ...

The European Parliament this week confirmed Thomas Gstadtner as the new executive director of the European Banking Authority (EBA) following a plenary vote. Gstadtner will serve a five-year term, which ...

Cypriot firm Athlos Capital on Friday announced the launch of a new actively managed investment product aimed at retail investors with a balanced risk profile, giving them exposure to fixed ...

Investment and access to financing will be central to the future development of Cyprus’ healthcare sector, according to Eurobank, which participated in the 9th Cyprus Healthcare Conference in Nicosia. The ...

The Central Bank of Cyprus (CBC) has confirmed that all banks in Cyprus will be closed on Thursday, October 1, 2026, for Cyprus’ independence day. The closure means customers will not be ...

The non-performing loan ratio of Cyprus’s banking sector remained unchanged at 1.6 per cent at the end of June 2026, according to updated data published by the Central Bank of Cyprus (...

Cyprus banks recorded €456 million in profit in the first six months of 2026, down by €122 million, representing a decrease of 21.1 per cent compared with the same period last year, according to ...

The Central Bank of Cyprus (CBC) expects economic growth to slow this year as the Middle East conflict weighs on tourism and investment, while inflation is projected to rise sharply, ...

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn the Cyprus Investment Firm (CIF) licence of Eurotrade Investments RGB Ltd, citing the company’s failure to comply with requirements concerning ...

Star Bulk Carriers has raised €107.8 million through a public share offering in Greece and a parallel listing on Euronext Athens, in what has been described as a first-of-its-kind transaction for ...

Fintech giant Revolut on Wednesday applied for a Swiss banking licence and pledged to invest more than CHF 150 million in the country over the next five years as it seeks ...

The Cyprus Securities and Exchange Commission (CySEC) confirmed on Wednesday the appointment of George Karatzias as its new chairman, following a Cabinet decision last week. The commission also confirmed the ...

The Cyprus Stock Exchange (CSE) announced on Wednesday that it has accepted the listing of 50,000 13-week Treasury bills of the Republic of Cyprus. Issued as the ninth series of 2026, the ...

The National Bank of Greece (NBG) will cancel 11.58 million treasury shares and increase the nominal value of its remaining shares to €3 as part of a capital restructuring, while the bank ...

Alpha Bank bought back 3.15 million of its own shares for €14.87 million between September 7 and September 11, 2026, as part of a share buy-back programme approved by its shareholders. The Greek lender purchased 3,152,886 ...