Revolut reports €1.3b profit in 2024

Group revenue increased by 72% to $4.0b (£3.1b, €3.7b), up from $2.2b (£1.8b, €2.1b) in 2023

11:00 - 24 April 2025

KEDIPES net cash inflow at €114.3m in Q4 2024

Cash inflow for the 4th quarter of 202 showed a significant increase of 26.4% compared to the 3rd quarter of …

08:38 - 17 April 2025

AstroBank announces €41.8m profit in Group Financial Results for 2024

CEO Aristidis Vourakis said 2024 had been a remarkable year for AstroBank

10:11 - 16 April 2025

CNP officially in the hands of Hellenic Bank for €182m

CNP Cyprialife will now merge with Hellenic Life Insurance and CNP Asfalistiki with Pancyprian Insurance

09:47 - 16 April 2025

Hellenic Bank voluntarily adopts Corporate Sustainability Reporting Directive

The bank announced it is the first company in Cyprus to adopt the directive, and plans to further enhance sustainability …

11:23 - 14 April 2025

Michalis Louis: Cyprus is a reliable financial and business hub

Cypriot banks have the resources, capabilities and means to respond to these challenges effectively, Hellenic Bank's CEO said

08:30 - 09 April 2025

George Karatzias: Cyprus is a particularly attractive destination for EMIs and PIs

The CBC’s Executive Board Member discusses the Central Bank’s regulatory strategy at ACEMPI event

07:09 - 07 April 2025

Charis Kynigou named new Executive Member of AstroBank's Board of Directors

Kynigou has been working at AstroBank since February 2015

11:50 - 03 April 2025

NPLs down to 6.2% in December 2024

Non-performing loans decreased to €1.541 billion at the end of 2024, down from €1.598 billion in September that year

07:00 - 03 April 2025

Banking sector profitability declines by €47m to €1.215b in 2024

This decrease is primarily driven by a reduction in net gains from exchange differences among other factors, CBC said

14:29 - 02 April 2025

Bank of Cyprus named Cyprus' Best Private Bank 2025 at Euromoney Private Banking Awards 2025

The Bank also won the award for 'Cyprus's Best for High-Net-Worth Individuals'

08:23 - 31 March 2025

Four new awards for Eurobank Cyprus at Euromoney Private Banking Awards 2025

The awards reflect Eurobank Cyprus' continuous development, customers trust and experienced staff professionalism, the bank says

07:07 - 29 March 2025

Three members resign from Hellenic Bank board ahead of Eurobank merger

Miranda Xafa, Stephen John Albutt and Antonis Rouvas have submitted their resignations to the Hellenic Bank board

13:10 - 28 March 2025

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Financial Services

Revolut reports €1.3b profit in 2024

KEDIPES net cash inflow at €114.3m in Q4 2024

AstroBank announces €41.8m profit in Group Financial Results for 2024

CNP officially in the hands of Hellenic Bank for €182m

Hellenic Bank voluntarily adopts Corporate Sustainability Reporting Directive

Bank of Cyprus’ €29.5m acquisition of Ethniki Insurance (Cyprus) is taking shape

Eurobank comes close, but doesn’t fully acquire 100% of Hellenic Bank as expected

Cyprus investment funds assets exceed €9b

Revolut fined €3.5m by Lithuania for lax anti-money laundering controls

'Carrying our Home' interactive workshop for families at Bank of Cyprus Cultural Foundation

CBC: February lending rates down, deposit rates up

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