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12° Nicosia,
23 May, 2024
 

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Displaying results 1-30 of 730 matches for query Banks.

1. Bankers rally for increased green financing despite longer payback periods

https://knews.kathimerini.com.cy/en/business/bankers-rally-for-increased-green-financing-despite-longer-payback-periods

According to a report by Panagiotis Rougalas, big players in the financial world are urging banks to step up for a greener future....

2. 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....

3. Andreas Petsas and Eurobank support sustainability at 'Green Agenda'

https://knews.kathimerini.com.cy/en/news/andreas-petsas-and-eurobank-support-sustainability-at-green-agenda

In a pivotal speech delivered at the 'Green Agenda' conference hosted at Hilton Nicosia, Mr. Andreas Petsas, Senior General Manager of Eurobank......

4. Bank of Cyprus earns €133 million in profits

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits

The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....

5. 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....

6. First ever ECB supervisory council meeting in Cyprus

https://knews.kathimerini.com.cy/en/business/first-ever-ecb-supervisory-council-meeting-in-cyprus

The Central Bank of Cyprus is set to host the first-ever regular meeting of the Supervisory Council of the European Central Bank (ECB) on May 16-17....

7. 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. ...

8. Almost 253,000 euros in bounced cheques in early 2024

https://knews.kathimerini.com.cy/en/news/almost-253-000-euros-in-bounced-cheques-in-early-2024

Cyprus grapples with a surge in bounced cheques, as revealed by recent data from the Central Bank of Cyprus. The total value of these unreliable transactions skyrocketed to 252,988 euros in the first four months of 2024, marking a concerning trend in financial instability....

9. Apply for National Solidarity Fund Replenishment until May 25th

https://knews.kathimerini.com.cy/en/news/apply-for-national-solidarity-fund-replenishment-until-may-25th

Online applications for the Replenishment Scheme of the National Solidarity Fund will reopen on Tuesday and will remain open until May 25th, according to the Ministry of Finance....

10. Household deposit rates surge as home buying loan rates dip

https://knews.kathimerini.com.cy/en/business/household-deposit-rates-surge-as-home-buying-loan-rates-dip

In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...

11. Fighting high interest rates is Europe's main challenge

https://knews.kathimerini.com.cy/en/news/fighting-high-interest-rates-is-europe-s-main-challenge

The European economy faces significant challenges amidst the current geopolitical crisis, which threatens its global position. ...

12. ECB maintains €6.76 billion worth of Cypriot government bonds

https://knews.kathimerini.com.cy/en/news/ecb-maintains-€6-76-billion-worth-of-cypriot-government-bonds

The value of Cypriot government bonds held by the European Central Bank remained steady at €6.76 billion by the end of April. This is part of the ECB's efforts to scale back its holdings and control inflation....

13. China's leader targets Hungary, Serbia for investments

https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments

Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....

14. Nicosia to blossom with new environmental center along Pedieos River

https://knews.kathimerini.com.cy/en/life/nicosia-to-blossom-with-new-environmental-center-along-pedieos-river

The Municipality of Nicosia is embarking on a transformative endeavor, announcing plans for an innovative environmental center nestled along the banks of the Pedieos River in Lakatamia. ...

15. Consulco's London credit fund shines in Q1 2024

https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-shines-in-q1-2024

Exciting opportunities are unfolding for the Cyprus-led humanitarian initiative "Amalthea," aimed at delivering vital aid to the Gaza Strip by sea....

16. 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. ...

17. Macron declares ''Europe is mortal,'' calls for unity

https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity

The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said. ...

18. Cyprus Central Bank sets interest rate limit at 11.42%

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-sets-interest-rate-limit-at-11-42

The Central Bank of Cyprus determined the reference interest rate to be 11.42%, exercising its powers under article 314A of the Cyprus Penal Code, Cap.154, and in accordance with the provisions of the said article....

19. 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....

20. €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....

21. Hellenic set to acquire CNP in multimillion-Euro deal

https://knews.kathimerini.com.cy/en/business/hellenic-set-to-acquire-cnp-in-multimillion-euro-deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

22. 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....

23. Lawyers reveal source of €807,000 found in safe

https://knews.kathimerini.com.cy/en/news/lawyers-reveal-source-of-€807-000-found-in-safe

Lawyers representing two monks at the center of the scandal at the Monastery of Saint Avvakum have returned with a new letter, shedding light on the origin of the €807,000 found in a safe. ...

24. Alpha Bank CEO eyes expansion in Romania

https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania

Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....

25. 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....

26. Cyprus revokes asylum apps of Syrians travelling via occupied areas

https://knews.kathimerini.com.cy/en/news/cyprus-revokes-asylum-apps-of-syrians-travelling-via-occupied-areas

Following a meeting of the National Security Council at the Presidential Palace, Interior Minister Konstantinos Ioannou announced the immediate revocation...

27. 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. ...

28. ECB President welcomes Cyprus' new Central Bank Governor

https://knews.kathimerini.com.cy/en/news/1-ecb-president-welcomes-cyprus-s-new-central-bank-governor

The President of the European Central Bank Christine Lagarde welcomed on Thursday the new Governor of the Central Bank of Cyprus Christodoulos Patsalides to the ECB Governing Council....

29. Hellenic Bank's pursuit of CNP Cyprus uncovers uncertainties

https://knews.kathimerini.com.cy/en/news/hellenic-bank-s-pursuit-of-cnp-cyprus-uncovers-uncertainties

The exclusive negotiations between Hellenic Bank and CNP Cyprus Insurance Holdings, a subsidiary of the French insurance powerhouse CNP Assurances, have captured attention for their high stakes and strategic importance....

30. 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....

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