Hellenic Bank’s profit after tax for the first half of 2023 is €160.2 million, up by 203%, compared to the same period of 2022, with net interest income showing an increase of 77%, the bank announced...
Both deposits and loans recorded a decrease in July, according to data published by the Central Bank of Cyprus on Monday which are included in the August 2023 edition of "Monetary and Financial...
29/08/2023
The full rating impact of Eurobank S.A.’s planned acquisition of a higher stake in Hellenic Bank Public Company Limited is unlikely to be clear for both banks until the closing of the transactions...
28/08/2023
Bank of Cyprus Holdings Public Limited Company (“BOC Holdings”) announced that on 10 August 2023 the European Central Bank approved the appointment of Mrs Monique Hemerijck as a member of the Board...
11/08/2023
Bank of Cyprus Group, a leading financial institution in Cyprus, has announced profit after tax of €220 million for the first half of 2023, highlighting its robust profitability, a significant leap...
09/08/2023
Loan renegotiation in the Cyprus banking system spiked to record-levels in the first half of 2023, driven mainly by the repeated interest rate hikes by the European Central Bank (ECB) in its effort...
09/08/2023
The Cyprus Asset Management Company Ltd (KEDIPES) will return interest amounts of €4.6 million for the first half of 2023, to borrowers who have restructured their credit facilities as part of the...
03/08/2023
Deposit rates in the Cyprus banking system in June marked the highest increase since the ECB began hiking its interest rates in a bid to control the soaring inflation in the Eurozone, according to...
03/08/2023
Pure new credit (loans excluding renegotiated credit facilities) rose by an annual 1.26% in the first six months of 2023, with continued rate hikes by the European Central Bank affecting housing...
02/08/2023
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching to the profitability of full year 2022, due to rising interest rates and the high...
02/08/2023