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12° Nicosia,
28 March, 2024
 

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Displaying results 31-60 of 687 matches for query Banks.

31. Cyprus emerges as key hub for EMC project with $300 Million Funding

https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding

The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...

32. Cyprus adapts to changing seas

https://knews.kathimerini.com.cy/en/news/cyprus-adapts-to-changing-seas

In response to European sanctions on Russian shipping companies based in Cyprus and developments in the Mediterranean and the Red Sea, Cyprus is actively seeking to attract new companies from different markets....

33. Bank of Cyprus posts nearly half a billion euro profit in 2023

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023

Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....

34. Banks urged to accelerate loan restructurings

https://knews.kathimerini.com.cy/en/news/banks-urged-to-accelerate-loan-restructurings

The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....

35. Department faces 2,000 backlogged refugee applications due to understaffing

https://knews.kathimerini.com.cy/en/news/department-faces-2-000-backlogged-refugee-applications-due-to-understaffing

In February 2024, the Service for the Care and Rehabilitation of Displaced Persons (YMAPE) revealed a backlog of 2,000 pending applications, citing understaffing issues. ...

36. Spanish banks wary of Cypriot student accounts

https://knews.kathimerini.com.cy/en/news/spanish-banks-wary-of-cypriot-student-accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

37. Cyprus to roll out 10-second euro transfers across banks

https://knews.kathimerini.com.cy/en/news/cyprus-to-roll-out-10-second-euro-transfers-across-banks

Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....

38. Parliament passes law to remove property restrictions in Occupied Areas

https://knews.kathimerini.com.cy/en/news/parliament-passes-law-to-remove-property-restrictions-in-occupied-areas

In a unanimous decision, the Plenary Session of the Greek Parliament passed a law abolishing the right of encumbrance of ''memorandum'' on properties held by banks and credit acquisition companies, located in the occupied territories. ...

39. Turkish Cypriot lawyer released on bail pending trial

https://knews.kathimerini.com.cy/en/news/turkish-cypriot-lawyer-released-on-bail-pending-trial

Akan Kürşat, a Turkish Cypriot lawyer extradited by Italian authorities on charges of usurping Greek Cypriot property in the occupied territories, has been released on conditions pending his case hearing on February 29 at 10:30 am....

40. Putin and Erdogan set to explore Russian-Turkish bank formation

https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-set-to-explore-russian-turkish-bank-formation

Moscow and Ankara are set to discuss the establishment of a bank serving Russian and Turkish interests, among other topics, during the upcoming week, according to the Kremlin....

41. European Central Bank considers rate cut, Spanish Governor suggests

https://knews.kathimerini.com.cy/en/news/european-central-bank-considers-rate-cut-spanish-governor-suggests

The European citizens should know that that the European Central Bank’s next move will be a rate cut, Governor of the Bank of Spain and ECB Governing Council member......

42. Curbing food waste for a greener tomorrow

https://knews.kathimerini.com.cy/en/news/curbing-food-waste-for-a-greener-tomorrow

Food waste poses a pressing issue requiring attention, contributing to uncontrolled food production and straining natural resources. Humans, as the predominant species on the planet, occupy a significant portion of land for food production....

43. Bank of Spain governor to engage in economic talks with Cyprus officials

https://knews.kathimerini.com.cy/en/news/bank-of-spain-governor-to-engage-in-economic-talks-with-cyprus-officials

44. Interest rates extended, borrowers face dilemma

https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

45. Homeless residents forge dangerous caves along California riverbanks

https://knews.kathimerini.com.cy/en/news/homeless-residents-forge-dangerous-caves-along-california-riverbanks

In a recent discovery that sheds light on the struggles of homelessness in California, authorities in Modesto uncovered a series of makeshift caves along the banks of the Tuolumne River, serving as clandestine dwellings for those without homes....

46. Hellenic Bank eyes CNP Cyprus takeover

https://knews.kathimerini.com.cy/en/news/hellenic-bank-eyes-cnp-cyprus-takeover

Hellenic Bank has confirmed discussions regarding the potential acquisition of CNP Cyprus, validating a report by ''K''. ...

47. Bank of Cyprus gears up for investment talks in New York

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-gears-up-for-investment-talks-in-new-york

Bank of Cyprus has packed its bags for New York as it gears up to meet with the investment community at the Athens Stock Exchange's conference in collaboration with JPMorgan on the 25th of this month. ...

48. Deal in the works for CNP Cyprus

https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus

The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...

49. January Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/2-january-newsletter-of-k-treppides-co-ltd-cysec

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

50. Cyprus witnesses 356 bounced cheques, yet a €1.7M surge

https://knews.kathimerini.com.cy/en/news/cyprus-witnesses-356-bounced-cheques-yet-a-€1-7m-surge

In a recent disclosure, the Cyprus Central Bank unveiled a decrease in the issuance of uncovered checks during 2023, reporting a total of 356 compared to the previous year's 473. ...

51. Can mobile cameras monitor traffic from both directions?

https://knews.kathimerini.com.cy/en/news/can-mobile-cameras-monitor-traffic-from-both-directions

The Cyprus Traffic Police issued a statement addressing recent concerns about the directional functionality of speed cameras, emphasizing that the capability to monitor both directions has been in effect since the system's initiation...

52. Non-performing loans hold steady at €2B amid rising rates

https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

53. Europe faces weak growth amid global uncertainty

https://knews.kathimerini.com.cy/en/news/europe-faces-weak-growth-amid-global-uncertainty

In a comprehensive survey released today, leading economists express apprehension about the global economy, anticipating a year of sluggish growth, primarily attributed to geopolitical conflicts, challenging financing conditions, and the impact of artificial intelligence. ...

54. Dr. Anastasatos forecasts bright future for Cyprus economy

https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

55. Allegations of bank interference surrounding reshuffle speculations

https://knews.kathimerini.com.cy/en/news/allegations-of-bank-interference-surrounding-reshuffle-speculations

In the midst of last week's political reshuffle speculations, with Irene Piki, the current Deputy Minister to the President, being touted as the likely successor to the Finance Ministry, a new leak from the President's office raised eyebrows...

56. EU implements new VAT transparency rules targeting e-commerce fraud

https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud

The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....

57. Cyprus grapples with lingering private debt woes

https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

58. Landlords urged to be reasonable when pricing rentals

https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals

Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....

59. As 2023 ends, banks and unions lock horns on pay structures

https://knews.kathimerini.com.cy/en/business/as-2023-ends-banks-and-unions-lock-horns-on-pay-structures

The banks and bank employees' unions are at odds over labor issues and the signing of new collective agreements. As we approach the end of 2023, no significant progress has been made in renewing collective agreements during the outgoing year....

60. Cyprus housing crisis deepens amid interest rate scandal

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-housing-crisis-deepens-amid-interest-rate-scandal

With current interest rates, the prospect of repaying a mortgage spans nearly fifty years for an average family, turning homeownership into an elusive dream....

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