Marios Maratheftis resigns from Hellenic Bank Board

Board members have begun resigning to facilitate a smooth transition for the new leadership under Eurobank

11:10 - 08 August 2024

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BoC's Panicos Nicolaou: "We are now targeting a distribution towards the higher end of our payout ratio range for 2024"

The Bank of Cyprus Group reported a profit of over €270 million in its Financial Results for the six months …

09:54 - 08 August 2024

payabl. joins the Association of Cyprus International Financial Firms

ACIFF is a non-profit organisation representing over 90 regulated firms

09:34 - 08 August 2024

CySEC imposes €740,000 fine on CIF Exelcius Prime Ltd

The Cyprus Investment Firm was found to have made multiple violations of the investment services legislation

14:59 - 07 August 2024

Eurobank S.A. completes takeover bid for Hellenic Bank

The final review revealed the takeover bid was accepted by shareholders holding 1,984,781 shares

12:20 - 07 August 2024

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CBC sets reference interest rate at 11.76%

it constitutes an illegal act when a person reaps, receives, collects, or charges in excess of the reference interest rate

08:50 - 29 July 2024

Total deposits show decrease, loans up in June

Total deposits in June 2024 recorded a net decrease of €44.1 million, compared with a net increase of €925.7 million …

10:16 - 26 July 2024

Invest Cyprus: EIB decision to open office in Nicosia “a significant milestone for Cyprus”

EIB Head Nadia Calvino will inaugurate the Bank’s offices in Cyprus in the Autumn

11:06 - 24 July 2024

ESMA Chair Verena Ross in Cyprus for the Global Yield 2025

Global Yield 2025, the 10th International Funds Summit & Expo, will unite top regulators, market analysts and industry leaders

09:58 - 24 July 2024

Non-performing exposures remain broadly unchanged in May

Compared with the end of 2023, NPEs in the banking sector have registered a reduction of just €81 million

07:35 - 24 July 2024

XM hosts MBA students at its Limassol offices

The global trading platform’s People & Culture Team shared insights about its operations and life at XM

12:24 - 23 July 2024

Hellenic Bank announces that Oliver Gatzke's employment contract has officially ended

Gatzke left his position as the Bank's CEO on 1 August, 2023 terminating his employment contract ahead of its expiration …

12:10 - 23 July 2024

RIF launches market sounding exercise for new blended finance funding scheme

The aim is to support innovative enterprises with private equity investment to bring their R&D activities to life

10:22 - 23 July 2024

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Financial Services

Marios Maratheftis resigns from Hellenic Bank Board

BoC's Panicos Nicolaou: "We are now targeting a distribution towards the higher end of our payout ratio range for 2024"

payabl. joins the Association of Cyprus International Financial Firms

CySEC imposes €740,000 fine on CIF Exelcius Prime Ltd

Eurobank S.A. completes takeover bid for Hellenic Bank

Second member resigns from Hellenic Bank’s Board to assist Eurobank takeover

CBC Governor: Banking system on positive course, but no room for complacency

Cyprus banking sector solvency ratio at 25.7% in March 2024

Christos Themistocleous resigns from the Hellenic Bank Board with immediate effect

Dynamic Works secures RIF funding for flagship product Syntellicore

Top-tier international speakers at the Global Yield 2025

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