Cyprus’ Central Bank Governor Constantinos Herodotou has stressed the need for all stakeholders, to accelerate efforts to deal with the consequences of climate change and added that in 2022 climate...
The Cyprus Composite Leading Economic Index (CCLEI) continued its annual gains in September indicating a recovery of the economy, which depends however on the development associated with the Covid-19...
The S&P Global Ratings reaffirmed RCB Bank long- and short-term credit ratings at “BB-/B”, on the back of sustainable asset quality and strong capitalisation position, with stable outlook....
StockWatch in partnership with the Bank of Cyprus provide a reliable source of information, with the creation of the StatWatch statistical portal (www.statwatch.com.cy).Twenty years after the launch...
Cash collections of the Cyprus Asset Management Company (KEDIPES) reached €95.2 million in the second quarter of 2021 with total cumulative cash collections since KEDIPES establishment in September...
The Cabinet decided on a loan agreement of €65.5 million between the Council of Europe`s Development Bank (CEB) and the Republic of Cyprus, Deputy Government Spokesperson Niovi Parisinou has said.In...
Lending criteria to both businesses and households remained unchanged in the second quarter of 2021, but it is expected that they will become stricter in the third quarter of the year, according to...
Non-performing loans (NPLs) decreased by €142 million or 2.8% in aggregate at the end of June 2021, compared with the end of March 2021, the Central Bank of Cyprus (CBC) said Thursday.“Total loans...
Total new loans decreased to €278.4 million in August 2021, compared with €507.3 million in the previous month, the Central Bank reported Thursday. The decrease was a result of a significant decrease...
Central Bank Governor Constantinos Herodotou has sent a letter to banks and credit acquisition companies regarding short term loan restructurings and fee transparency.A press release of the Central...