Deposits in the Cyprus banking system rose significantly in June totalling €52.3 billion, while liquidity in the banking system amounted to €27.2 billion.Loans in the banking system also increased...
Bank of Cyprus Holdings Public Limited Company announced that the Bank has successfully launched and priced an issuance of €350 mn of senior preferred notes under its EMTN Programme.According to a...
Non-performing loans (NPLs) in the Cyprus banking system in April amounted to €2.19 billion with the ratio of NPLs to total loans remaining steady at 9%, according to data released by the Central...
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring. The...
The Cyprus Parliament voted against two non-government bills on borrowers’ rights on Thursday, which the government and the Central Bank had warned could threaten the stability of the financial...
The Cyprus banking system is resilient having very high capital and liquidity ratios, Governor of the Central Bank of Cyprus Constantinos Herodotou, told the Annual New York-Eastern Mediterranean...
The Council of Ministers approved today the "Rent vs Instalment Scheme", following the approval by the European Commission's Directorate General for Competition on July 6, Government Spokesperson ...
Our aim is to protect those who are really in need as well as the credibility of the Cypriot economy, President of the Republic Nikos Christodoulides said Monday evening. Invited by journalists...
A total of 35 dishonoured cheques, with a total value of €67,609, were issued in June 2023, while 16 persons (10 legal and 6 natural) were recorded in the preliminary list of the Central Information...
Finance Minister Makis Keravnos will present to legislators on Monday a government package of seven proposals to address the issue of foreclosures.The package was submitted on Thursday in a bid to...