Gabriel Makhlouf, Governor of the Central Bank of Ireland will visit Cyprus on October 23 – 24 following an invitation by Constantinos Herodotou, Governor of the Central Bank of Cyprus.Makhlouf’s...
The Central Bank of Cyprus (CBC) has officially announced that it has signed an agreement to start the Digital On-boarding project for remote customer identification. The agreement was signed between...
19/10/2023
No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained,...
18/10/2023
The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is to hold during the Annual Meetings of the World Bank and the International Monetary Fund (IMF), this week in Morocco,...
12/10/2023
A total of 26 bad cheques, worth €276,202, were issued in September 2023, with 15 persons (12 legal entities and 3 natural persons) being registered in the preliminary list of the Central Information...
12/10/2023
The Central Bank of Cyprus (CBC) raised the level of capital buffer that Bank of Cyprus and Hellenic Bank need to maintain as a result of their systemic importance, on Tuesday.According to a press...
11/10/2023
Cyprus’ current account deficit declined to €346.1 million in the second quarter of this year, compared with €1.04 billion in the corresponding period of last year, preliminary data released by the...
09/10/2023
The Central Bank of Cyprus (CBC) decided to leave the countercyclical buffer (CCyB) rate unchanged at 1%, with effect as from 2 June 2024, according to a press release published on Friday.The CBC, in...
09/10/2023
The cost of leaving inflation untamed, is much higher to households, businesses and the entire economy, Constantinos Herodotou, Governor of the Central Bank Cyprus (CBC), said on Friday, stressing...
06/10/2023
Fiscal discipline, macroeconomic stability and continued structured reforms are necessary for the economy, said Deputy Minister to the President, Irene Piki, addressing on Wednesday the first Annual...
05/10/2023