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

The NPL coverage ratio rose to 56.1% (€993m) at the end of October, compared to 55.7% (€978m) in September

16:16 - 21 February 2025

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

The introduction of interim dividends is to be considered, CEO Panicos Nicolaou said

09:32 - 18 February 2025

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

Eurobank is preparing to acquire 100% through the public offer and also - if necessary - through a squeeze out

11:07 - 14 February 2025

Bank of Cyprus achieves ISO 37301 certification

Bank of Cyprus is the first organisation in Cyprus and in Southeastern Europe to achieve this certification

10:38 - 13 February 2025

Interest on mortgages, household deposits rate up in December

The average rate on new housing loans across all MFIs in Cyprus increased to 4.75% in December 2024

07:33 - 13 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

Ioannis Georgoulas: "I anticipate that the EMI market will consolidate much sooner than expected"

The ACEMPI Chairman shares why he believes we are at the beginning of the evolution of the EMI sector

07:17 - 01 February 2025

CySEC seeks views on the introduction of ICT oversight fees for entities covered by DORA

The Cyprus Securities and Exchange Commission has published a consultation paper setting out the plans

15:09 - 31 January 2025

Central Bank of Cyprus sets reference interest rate at 11.50%

Individuals found guilty of exceeding the reference interest rate could face imprisonment of up to five years

12:08 - 31 January 2025

Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership

Aim is to enhance financial market integrity and promote key values, including transparency, accountability & compliance

10:29 - 30 January 2025

Banking sector reports strong loan growth and nearly €1 billion deposit surge

On the lending front, total loans recorded a net increase of €503.2 million in December 2024, the CBC said

07:45 - 30 January 2025

Σελιδα 3 απο 33

Financial Services

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

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

S&P upgrades Bank of Cyprus to investment grade

RSM in Cyprus' revenue jumps 7.9%

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

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

News Feed