Cyprus banks ready to adjust interest rates immediately after ECB reduces base rate, association says
16:12 - 10 Δεκεμβριου 2024
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Record levels of customer adoption for Revolut Business in Cyprus
Revolut Business customers in Cyprus now spend over £26.84m on cards a month, marking a 142.2% y-o-y increase
11:15 - 09 Δεκεμβριου 2024
Freedom Holding Corp. is a General Partner of 2024 FIDE World Rapid & Blitz Championships
2024 FIDE World Rapid & Blitz Championships is one of the most prestigious chess events in the world
13:21 - 05 Δεκεμβριου 2024
The banking sector’s growth trajectory and how AKEL is trying to stop it
An attempt is being made at all costs to halt the development trajectory of the banking sector
07:50 - 04 Δεκεμβριου 2024
Central Bank Governor opposes taxation of banks’ windfall profits - "It discourages foreign investments"
Greek PM has also spoke out against, as AKEL pushes for legislation to tax banks' "unexpected" profits
10:24 - 03 Δεκεμβριου 2024
CBC Governor: Cypriot banks adjust interest rates at a slower pace
The small size of the Cyprus economy contributes to a slower adjustment of interest rates than in larger economies
07:40 - 03 Δεκεμβριου 2024
Why Revolut chose Cyprus for its European crypto operations base
Revolut in Cyprus CEO Costas Michael and CFO Christos Drakos talk about the reasons behind the neobanking giant’s decision
07:15 - 30 Νοεμβριου 2024
Bank of Cyprus covered bonds achieve AAA rating by Moody’s
The upgrade follows the increase of Cyprus' local-currency bond ceiling to Aaa from Aa2
16:17 - 28 Νοεμβριου 2024
Eurobank and J.P. Morgan Asset Management sign MoU
The new initiative combines the Bank’s regional leadership with JPMAM’s global investment expertise
09:39 - 27 Νοεμβριου 2024
€492m deal with Demetra and Logicom puts Eurobank in the running for 100% of Hellenic Bank
Based on the agreement, Eurobank will acquire 88,064,705 shares (21.33%) from Demetra and 13,729,704 shares (3.33%) from Logicom
10:26 - 25 Νοεμβριου 2024
Mastercard’s Natalia Lechmanova: Cyprus’ economy has experienced an incredible recovery since the pandemic
The Chief Economist Europe at Mastercard also comments on the spending behaviour of the island’s consumers
07:29 - 25 Νοεμβριου 2024
Fokion Karavias: Through Hellenic Bank, we also acquired an insurance firm – We are seeking further opportunities
The Eurobank CEO told a Bloomberg event that credit growth in 2024 will be very strong and is to continue in 2025-2026
07:00 - 20 Νοεμβριου 2024
Wellington Management Group LLP acquires 4.75% of the Bank of Cyprus
The acquisition comes through the placement of the shares of the former Laiki Bank
12:15 - 19 Νοεμβριου 2024
New applications for startups will be accepted by the IDEA Innovation Center
As Cyprus’ largest innovation and business support organisation, IDEA is launching the 10th call to its Startup Program
15:17 - 18 Νοεμβριου 2024
Hellenic Bank reduces base interest rate by 0.21%
The changes brings the Bank's base interest rate down from 2.12% to 1.91%, effective 18 November
14:01 - 18 Νοεμβριου 2024
Andreas Livadiotis: Cyprus has truly become the fintech capital of the area
The Founder & CEO of XValley Technologies Ltd says Prop Trading is the trend to look out for
07:00 - 18 Νοεμβριου 2024
Johny Abuaitah: I believe that AI will be the true game-changer for brokers in the coming years
Windsor Brokers' CEO explains how regulatory changes are affecting CIFs and highlights AI's game-changing impact on brokers
04:45 - 17 Νοεμβριου 2024
CySEC powers on with financial literacy lectures in schools
Officer Konstantinos Papageorgiou delivered another educational lecture at Archibishop Makarios III Lyceum in Dasoupoli
07:02 - 15 Νοεμβριου 2024
Alpha Bank Cyprus undergoing an overhaul
It is strategically preparing for a complete transformation and implementation of its new business plan for 2025
15:49 - 13 Νοεμβριου 2024