RCB Bank Ltd announced that the sale of Tranche B of its performing loan portfolio to Hellenic Bank Public Company Ltd has been successfully completed.According to the relevant press release, Tranche...
The Cyprus Securities and Exchange Commission (CySEC) imposed administrative fines totaling €210,000 on current and former members of the Board of Directors of Maxigrid, along with a ban against them...
20/06/2022
The Hellenic Bank has recorded in the first quarter of 2022 an after-tax profit of €25.1 million and announced that it has already embarked on a 3-year transformation journey to unleash its potential...
14/06/2022
The growth rate for 2022 is expected to be 2.7%, while inflation will rise to 7%, according to the revised June forecasts, published by the Central Bank.According to the report accompanying the...
10/06/2022
APS announced the acquisition of a portfolio of Romanian related Non-Performing loans and repossessed properties with total contractual value of €147 million from Bank of Cyprus Group.According to a...
09/06/2022
Number and value of bounced cheques included in the Central Bank’s of Cyprus (CBC) preliminary Central Information Register (CIR), show an upward trend in the first five months of 2022, according to...
07/06/2022
New credit granted by Cypriot banks dropped by almost 50% compared with the previous month, pushed downward by a sizeable reduction in new housing loans.According to data published by the Central...
02/06/2022
The non-performing loans rate in the Cyprus banking sector declined to 11.3% of total loans in the end of February 2022 compared with 11.7% in the end of the previous month, data released by the...
30/05/2022
Rate hikes by the European Central Bank are visible as the medium-term inflation target seems to be achieved, Central Bank of Cyprus (CBC) Governor Constantinos Herodotou said on Friday, stressing...
30/05/2022
Total deposits and total loans recorded a monthly increase in April, according to the Central Bank of Cyprus which published on Friday the Monetary Financial Institutions (MFIs) Deposits and Loans...
30/05/2022