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12° Nicosia,
21 May, 2024
 

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Displaying results 1-30 of 498 matches for query Banking.

1. Banks stress need for government support in ESG initiatives

https://knews.kathimerini.com.cy/en/news/banks-stress-need-for-government-support-in-esg-initiatives

Banks are urging a combination of government and regulatory policies to achieve a healthy, effective, and optimal green transition in Cyprus....

2. Seven weeks after bridge incident, crew still trapped on Baltimore ship

https://knews.kathimerini.com.cy/en/news/seven-weeks-after-bridge-incident-crew-still-trapped-on-baltimore-ship

As a controlled explosion rocked the Dali on Monday, nearly two dozen sailors remained on board, below deck in the massive ship's hull....

3. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

4. Cypriot banks set to exceed 2023's record profits in 2024

https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024

Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...

5. New CEO for Cablenet Communication Systems plc in Cyprus

https://knews.kathimerini.com.cy/en/business/new-ceo-for-cablenet-communication-systems-plc-in-cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ international experience in the banking and telecoms industries, will be assuming the role of CEO......

6. MP Neofytou proposes €11,000 immediate payout for solidarity fund recipients

https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients

Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....

7. Our neighborhood just got unpredictable again

https://knews.kathimerini.com.cy/en/comment/opinion/our-neighborhood-just-got-unpredictable-again

This part of the world has always been full of surprises. The most recent came on Friday afternoon when Turkish President Recep Tayyip Erdogan lashed out at the United States and Israel and said he was calling off a planned visit to Washington. ...

8. Former Central Bank Governor reflects on achievements and future plans

https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

9. McKinsey leaders convene at Green Agenda Cyprus Summit

https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit

Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...

10. The birth of Bank of Cyprus in 1899

https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

11. €182M deal marks Hellenic's strategic move into insurance sector

https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector

CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....

12. Cypriot banks predicted to surpass €1.2 billion profits in 2024

https://knews.kathimerini.com.cy/en/news/cypriot-banks-predicted-to-surpass-€1-2-billion-profits-in-2024

In a landmark year, Cypriot banks soared to unprecedented heights, boasting profits exceeding €1.1 billion in 2023....

13. Alternative investments and portfolio diversification

https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification

In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...

14. AstroBank's record-breaking year: €30.4M in profits for 2023

https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

15. Turkey's Central Bank reports 2023 loss of 818.2B lira

https://knews.kathimerini.com.cy/en/news/turkey-s-central-bank-reports-2023-loss-of-818-2b-lira

Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....

16. What economic headlines are making waves this week?

https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week

Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...

17. Get your tickets now for the Green Agenda Cyprus Summit 2024!

https://knews.kathimerini.com.cy/en/news/get-your-tickets-now-for-the-green-agenda-cyprus-summit-2024

Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....

18. Hatzigiannis: ''The social responsibility of banks is non-existent''

https://knews.kathimerini.com.cy/en/news/hatzigiannis-the-social-responsibility-of-banks-is-non-existent

Members of the Commerce Committee voiced disappointment following the responses provided by bank representatives regarding the installation of additional automatic teller machines (ATMs) to facilitate money withdrawals in communities....

19. CBC Governor faces toughest banking challenges yet

https://knews.kathimerini.com.cy/en/news/cbc-governor-faces-toughest-banking-challenges-yet

A new dawn breaks with the appointment of Mr. Christodoulos Patsalides as the Central Bank of Cyprus's new governor, heralding both promise and challenge....

20. Patsalides steps up as Central Bank Governor

https://knews.kathimerini.com.cy/en/news/patsalides-steps-up-as-central-bank-governor

President Nikos Christodoulides, exercising his constitutional powers, has decided to appoint Dr. Christodoulos Patsalides as the Governor of the Central Bank of Cyprus....

21. Green Agenda Summit gears up for May 20

https://knews.kathimerini.com.cy/en/news/green-agenda-summit-gears-up-for-may-20

Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....

22. Fortifying digital banks and battling cyber threats

https://knews.kathimerini.com.cy/en/comment/opinion/fortifying-digital-banks-and-battling-cyber-threats

The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...

23. Countdown begins for next Cyprus Central Bank Governor

https://knews.kathimerini.com.cy/en/news/countdown-begins-for-next-cyprus-central-bank-governor

As the clock ticks towards the end of Mr. Konstantinos Herodotou's tenure on April 11, all eyes are on the impending announcement of his successor by President Nikos Christodoulides. ...

24. Cyprus Central Bank holds 1% buffer rate to safeguard banks

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-holds-1-buffer-rate-to-safeguard-banks

The Central Bank of Cyprus (CBC) has maintained the countercyclical buffer (CCyB) rate to be observed by commercial banks at 1%, with effect as of June 2, 2024....

25. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

26. Who will lead Cyprus' Central Bank?

https://knews.kathimerini.com.cy/en/news/who-will-lead-cyprus-central-bank

An intense behind-the-scenes battle is unfolding regarding the future of Cyprus' central banker as the term of the current governor, Constantinos Herodotos, draws to a close in less than 20 days....

27. Lather, rinse, repeat

https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat

Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....

28. Greek and Cypriot banks forge partnerships for regional infrastructure projects

https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

29. Eurobank expands to India via Cyprus

https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus

Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...

30. The Green Agenda Cyprus Summit on May 20th

https://knews.kathimerini.com.cy/en/news/the-green-agenda-cyprus-summit-on-may-20th

Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....

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