Banking and Finance

Eurobank S.A. announced on Friday the formal cancellation of 28,097,019 own shares, each with a nominal value of €0.22, following a decision made during the Annual General Meeting held on April 28, 2026. ...

The Bank of Cyprus has been recognised as one of Extel’s “Most Honoured Companies”, securing third place in the Emerging EMEA Financials category in the financial intelligence provider’s ...

Banks operating in Cyprus, including Eurobank and Alpha Bank Cyprus through their Greek parent groups, stand to benefit from improving conditions in the Greek banking sector, as separate assessments by ...

Eurobank said its launch of the first cross-border payment from Greece to India through the Unified Payments Interface (UPI) marks a new step in strengthening economic ties between Europe and ...

The Cyprus Investors Compensation Fund has invited suitably qualified financial institutions to express interest in providing execution and custody services for the fund’s investments in government bonds and treasury ...

Greek lender Alpha Bank has expanded its partnership with AI voice technology company ElevenLabs, introducing a new artificial intelligence-powered voice assistant designed to make customer service more natural, faster and ...

The Cyprus Securities and Exchange Commission (CySEC) on Thurssday highlighted its contribution to Cyprus’ Presidency of the Council of the European Union, saying it played an active role in negotiations ...

The Bank of Cyprus and Wealthyhood have launched a co-branded investment platform aimed at making investing more accessible in Cyprus, with the app available to all residents regardless of whether ...

The Central Bank of Cyprus (CBC) has highlighted a new warning from the European Systemic Risk Board (ESRB) over the growing cyber risks posed by advanced artificial intelligence models, saying ...

The Cyprus Securities and Exchange Commission (CySEC) has warned regulated financial firms to strengthen their anti-money laundering controls following the end of the European Union’s transition period under the ...

Greek National Economy and Finance Minister and Eurogroup president Kyriakos Pierrakakis on Wednesday called for a more ambitious European strategy centred on technology, energy integration and the digital euro, during ...

The Central Bank of Cyprus (CBC) hosted the governor of the Central Bank of Montenegro and a senior delegation on July 7, with discussions focusing on Cyprus’ experience of European integration, ...

The future of payments will depend on trust, effective supervision and responsible innovation, senior officials from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (CBC) ...

Alpha Bank Cyprus on Wednesday announced that it has completed the implementation of Salesforce Financial Services Cloud (FSC) as part of a new investment aimed at accelerating its digital transformation ...

The assets under management of Cyprus’ collective investment sector fell to €11.2 billion in the fourth quarter of 2025, according to figures published on Wednesday by the Cyprus Securities and Exchange Commission (...

The European Central Bank on Tuesday gave eurozone banks four months to draw up plans to counter AI-enabled cyber threats ​that could undermine confidence in the financial system and disrupt ‌...

Greek and Cypriot bank shares are expected to continue outperforming, with investment firm Axia-Alpha Finance raising its target prices and maintaining buy recommendations, while identifying Eurobank and the Bank of ...

Card payment company Visa this week announced the launch of the Visa Threat Intelligence Platform (VTIP), a sophisticated solution designed to assist financial institutions in identifying and addressing cyber threats ...

Eurobank this week announced the launch of a new programme titled Business Banking Construction Sector, which is designed to provide specialised financial solutions to one of the most vital areas ...

The Bank of Cyprus (BoC) on Tuesday announced that it has revised its privacy statement as part of a broader strategy to ensure the comprehensive protection of personal data. This ...

New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data ...

Alpha Bank Cyprus has announced changes to its executive committee, appointing Penny Spiliotopoulou as chief financial officer (CFO) while expanding the responsibilities of Chief Private Banking Officer Charis Kynigou Landas, ...

Greek lender Eurobank S.A. announced on Monday that it repurchased over 2.7 million of its own shares during a five-day trading period at a total cost exceeding €11.3 million. The transaction ...

The household saving rate in the euro area remained stable at 14.3 per cent during the first quarter of 2026, according to a report from Eurostat. This stability is attributed to the ...