Moody’s Investors Service has published an updated semi-annual credit opinion on RCB, where it confirms the Bank’s stable financial position in terms of capital and liquidity.According to an RCB...
Governor of the Central Bank of Cyprus Constantinos Herodotou, stressed Wednesday that Cyprus needed to develop a culture of prevention against external uncertainties and risks that could affect the...
13/06/2019
The Bank of Cyprus announced on Monday that Panicos Nicolaou has been appointed as the Group’s new Chief Executive Officer. A press release from the Bank said that “Bank of Cyprus Holdings Public...
14/05/2019
The Bank of Cyprus announced on Monday that it posted a €95 mn profit for the first quarter of 2019. The Bank reported a “good capital position”, as at 31 March 2019 the CET1 ratio was 14.9% and the...
14/05/2019
The change in the Bank of Cyprus’ leadership will not affect the momentum in addressing the remaining challenges, as the strategy implemented is the appropriate and bears fruit, the bank’s outgoing...
14/05/2019
Governor of the Central Bank of Cyprus Constantinos Herodotou has spoken of a new culture of compliance in Cyprus banks on anti-money laundering since 2013 and that progress so far is beginning to be...
18/04/2019
Minister of Finance Harris Georgiades and new Governor of the Central Bank of Cyprus Constantinos Herodotou (CBC) pledged on Tuesday to set their cooperation on a new basis with a view to further...
16/04/2019
The 2019 Fiscal Monitor, issued by the International Monetary Fund (IMF), reflects the deterioration of Cyprus’ public debt as a result of the issue of bonds to support the sale of the Cooperative...
11/04/2019
The Governor of the Central Bank of Cyprus, exercising the powers vested in her by section 42 of the Business of Credit Institutions Laws of 1997 to (Νο.3) of 2018, decided on 29 January 2019 to...
10/04/2019
The level of non-performing loans (NPL), although significantly reduced, remains high and is a challenge that we should tackle in common, Cyprus President Nicos Anastasiades said on Tuesday, speaking...
09/04/2019