A spike in renegotiated corporate loans over €1 million pushed new loan contracts in March 2021 registering a 91% increase compared with February, data published by the Central Bank of Cyprus show....
Non-performing loans (NPLs) in the Cyprus banking system rose marginally in January 2021, pushed upwards by interest capitalization at the end of the year.According to data released by the Central...
29/04/2021
Cyprus` €1 billion government loan guarantee scheme will be credit positive for banks as long as they control their lending, international rating agency, Moody’s, has said.In its last plenary session...
29/04/2021
Liquidity (the difference between deposits and loans) in the Cyprus banking system amounted to 16.8 billion in March 2021, according to data published by the Central Bank of Cyprus (CBC) on Thursday....
29/04/2021
The Central Bank of Cyprus (CBC) reiterated on Wednesday a warning of the multiple risks involved in transactions in cryptocurrencies / virtual currencies and urged the public to take into account...
28/04/2021
The Plenary Session of the Parliament passed on Thursday a law for the provision of state guarantees amounting to €1 billion for loans to companies and self-employed, which have been affected by the...
23/04/2021
The great interest shown by investors for a Bank of Cyprus’ Tier 2 bond constitutes a vote of confidence in the Cypriot economy’s prospects even more so considering we are in the midst of a pandemic...
21/04/2021
Bank of Cyprus announced that the Company has successfully launched and priced an issue of €300 mn unsecured and subordinated Tier 2 Capital Notes (the “Notes”) under its EMTN Programme.The issue...
19/04/2021
Half of Cypriots do not know the limit for insured deposits despite the fact that Cyprus suffered a haircut of deposits over €100,000 as part of its bailout plan in 2013, a survey showed.The fining...
16/04/2021
Hellenic Bank announced that the Board of Directors of the Bank has decided the appointment of Mr Antonis Rouvas as the new Chief Financial Officer of Hellenic Bank Group and Executive Member of the...
15/04/2021