Banking and Finance

The Cyprus Securities and Exchange Commission (CySEC) has informed Cyprus fund managers that European regulators are launching an EU-wide review of how investment firms manage risk, with local checks expected ...

Artificial intelligence could significantly improve the monitoring of financial stability risks by identifying potential economic and financial threats before they materialise through the analysis of millions of financial news reports, ...

The surge in energy prices following Russia’s invasion of Ukraine significantly reduced bank lending to energy-intensive companies, according to an ECB working paper, with the study concluding that firms ...

A market correction to tech stock exuberance in the US is likely and could have far-reaching consequences due to limits in fiscal and ​monetary policy buffers to blunt the potential ...

The number of investment funds operating in Cyprus rose to 353 in June 2026, while their total assets increased by 2.5 per cent to €8.37 billion, according to a report released by the Central ...

Climate-related risks across EU and European Economic Area (EEA) banks remained broadly stable during the second half of 2025, while the availability and quality of climate data continued to improve, according ...

Greek banking groups with operations in Cyprus delivered stronger-than-expected second-quarter results, with faster lending growth, resilient interest income and rising fee revenue prompting analysts to remain upbeat about the sector’...

Cyprus banks’ non-performing loan ratio remained at 1.6 per cent at the end of May 2026, according to the Central Bank of Cyprus (CBC), leaving the sector’s asset quality significantly better ...

The Central Bank of Cyprus (CBC) has extended the deadline for companies seeking to mint, package and deliver Cyprus euro silver and gold collector coins, giving potential bidders until September 25, 2026 ...

Europe’s fragmented banking market has become a strategic vulnerability that could undermine the continent’s ability to finance its own future, according to Eurogroup President Kyriakos Pierrakakis. “Fragmentation is ...

Goldman Sachs expects the National Bank of Greece to make an interim distribution of around €220 million in the third quarter, despite management neither confirming nor ruling out such a move. ...

European financial regulators have proposed ending initial margin requirements for both new and existing uncleared derivatives contracts for counterparties whose average derivatives exposure falls below the €8 billion threshold under the ...

AI increasingly shapes fintech jobs, research finds Cyprus remained the leading global hiring hub for online trading firms as of July 14, 2026, with 226 vacancies, even as overall recruitment across the sector ...

Analysis from the Central Bank of Cyprus links stronger internal audit to public trust The Central Bank of Cyprus (CBC) has published a piece of analysis by its internal audit ...

Citi has raised its target price for Alpha Bank to €5.30 from €4.70 following the Greek lender’s strong second-quarter results, while retaining its buy recommendation for the shares. Based on Alpha ...

Freedom Holding Corp, the parent company of Freedom24, reported a 40 per cent year-on-year increase in net revenue for the first quarter of its 2027 financial year, driven by strong growth across ...

Alpha Bank S.A. has announced that its share capital has been updated following the formal cancellation of 59,018,043 treasury shares. The lender explained that the capital adjustment was carried out ...

The National Bank of Greece acquired a total of 650,000 of its own ordinary shares between July 31, 2026, and August 7, 2026, as part of the first tranche of its approved buyback programme. According ...

Euroxx Research has raised its earnings forecasts for the Bank of Cyprus for 2026-2028 and increased its target price for the lender’s shares to €13 from €11.50, following stronger-than-expected first-half results. ...

Fintech giant Revolut announced on Monday that its subsidiary Revolut Bank S.A. has been granted a full banking licence following a joint assessment by the European Central Bank (ECB) ...

Former Laiki Bank depositors who lost their savings during the 2013 financial crisis have been promised further compensation in 2026, the Laiki Bank Depositors Association (Sykala) said on Monday. Sykala said President ...

Eurobank announced on Monday that it repurchased a total of 1,099,627 own shares on Euronext Athens between August 3, 2026, and August 7, 2026. The lender executed the share buyback transactions at an average purchase ...

By Nektarios Michail Let’s start with a history reminder: following a “peak” at 0.75 per cent in mid-2011, the ECB continued to cut its policy rates until the deposit facility ...

The Central Bank of Cyprus (CBC) announced on Friday that it is accepting applications to fill two senior vacant positions within its workforce. Specifically, the financial institution is seeking qualified ...