#Central Bank of Cyprus

Bank depositors and bondholders whose savings were wiped out in the 2013 ‘haircut’ will receive a fraction of their losses as compensation, officials said in parliament on Monday. The House finance ...

The economy has proved resilient in the face of a challenging international environment, and is expected to do the same going forward, the Central Bank boss said on Monday. Christodoulos ...

The financial sector remains resilient as a whole and is able to absorb any unexpected shocks, the Central Bank of Cyprus said on Tuesday in its annual Financial Stability Report ...

The highest interest rate on term deposits of up to one year by households in August 2024 stood at 2.45 per cent while the highest interest rate on loans for the purchase ...

The Central Bank of Cyprus’ (CBC) decision to publish the interest rates being charged by each bank for different types of loans and the rates paid on deposits is a ...

Cabinet on Wednesday appointed two executive directors and one non-executive member to the Board of Directors of the Central Bank of Cyprus. Chaired by President Nikos Christodoulides, the council of ...

The Central Bank of Cyprus issued a warning on Friday regarding an entity by the name of “Neo Business Bank”, saying it does not hold the relevant licences to operate ...

President Nikos Christodoulides on Thursday stressed the need to take measures against financial illiteracy within society, underlining the need for collective action to tackle the issue. Speaking at the Presidential ...

A Limassol court this week found in favour of a group of depositors with now-defunct Laiki (Popular) Bank who saw their savings wiped out in the March 2013 ‘haircut’, awarding them €5.7 ...

Demand for loans from businesses and individuals alike declined during the first quarter of the year as banks tightened up their lending criteria and raised interest rates, according to a ...

Individuals or entities who sued the Central Bank of Cyprus (CBC) over bonds linked to Bank of Cyprus or former Laiki bank relating to the 2013 financial crisis may be entitled ...

Furore over AG’s absence from House committee There has been no impact to Cyprus’ financial stability as a result of the sanctions, only to its international reputation, Central Bank ...

Central Bank of Cyprus governor Constantinos Herodotou said on Monday that he is seeking ways to expedite banks’ client digital onboarding and reviewing processes, with Cypriot banks participating in this ...

‘We are told nothing and several people in the UK have taken their own lives because of what is being done to them’ It has been around seven years since ...

Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the ...