A closer look at Alpha Bank Cyprus' acquisition of AstroBank

The move strengthens Alpha Bank Cyprus' market presence, elevating it as the island's third largest systemic bank

07:02 - 01 March 2025

New major bank deal: Alpha Bank to acquire AstroBank for €205m

Alpha Bank has announced a binding agreement to acquire the total assets and liabilities of AstroBank

09:39 - 28 February 2025

Central Bank Govenor Christodoulos Patsalides

Competition in banking sector “is limited", CBC Governor says

Speaking to Parliament, Christos Patsalides also said that the CBC has no say in interest rates or bank charges

07:49 - 28 February 2025

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Hellenic Bank announces €383m profit for 2024

CEO Michalis Louis said Eurobank Cyprus merger will create one of the island's largest financial institutions

09:37 - 27 February 2025

Tracing the footsteps of women in Cyprus: Movements, Struggles & Feminisms

Series of participatory actions for adults at Bank of Cyprus Cultural Foundation

10:56 - 25 February 2025

Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9b market cap milestone

The company’s strong performance and business model were recognised by S&P Global Ratings

09:38 - 11 February 2025

S&P upgrades Bank of Cyprus to investment grade

The development is considered to be significant for the bank and the wider banking sector in Cyprus

09:22 - 10 February 2025

RSM in Cyprus' revenue jumps 7.9%

Growth experienced in Cyprus for the fourth successive year; tax services recorded the strongest growth

09:27 - 07 February 2025

Housing loans demand up in Q3 2024 for the first time since Q1 2022

The net demand for loans from businesses remained unchanged compared to the previous quarter

08:20 - 06 February 2025

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Attica Bank's main shareholder wants Constantinos Herodotou as bank's Board Chairman

Thrivest Holding has sent a relevant letter to the bank's management, the Greek press has reported

08:44 - 05 February 2025

home-loan-car-loan-conceptloan-buy-car-buy-house

Interest rates continued to rise in December 2024, CBC says

Deposit and lending rates regarding household products continued to rise during the last month of last year

07:46 - 05 February 2025

Hellenic Bank announces new reduction in reference interest rate for loans linked to the ECB's base rate

The interest rate is reduced by 0.25%, from 3.15% to 2.90%, effective from 5 February 5, 2025

12:04 - 04 February 2025

Future forecasting: How Cyprus is becoming a focal point for fintech innovation

A strategic location, a supportive business environment, and an ecosystem that champions innovation

12:43 - 03 February 2025

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Financial Services

A closer look at Alpha Bank Cyprus' acquisition of AstroBank

New major bank deal: Alpha Bank to acquire AstroBank for €205m

Competition in banking sector “is limited", CBC Governor says

Hellenic Bank announces €383m profit for 2024

Tracing the footsteps of women in Cyprus: Movements, Struggles & Feminisms

NPLs at 6.6% of total loans in October, monthly increase of €16m

Bank of Cyprus reports €508m profit and proposed distribution rate of 50% in 2024

Eurobank-Hellenic: What the new entity may be called and what is changing for the banks’ four insurance companies

Bank of Cyprus achieves ISO 37301 certification

Interest on mortgages, household deposits rate up in December

Eurobank Group acquires additional 37.5% stake in Hellenic Bank, reaching 93.47% ownership

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