CLOSE
Loading...
12° Nicosia,
29 March, 2024
 

Search

Displaying results 1-30 of 762 matches for query Bank of Cyprus.

1. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

2. Europe's ambitious plan to reignite economic engines

https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

3. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

4. 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. ...

5. March Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

https://knews.kathimerini.com.cy/en/business/1-march-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission

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. ...

6. 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....

7. NY Attorney General moves to seize Trump's assets

https://knews.kathimerini.com.cy/en/news/ny-attorney-general-moves-to-seize-trump-s-assets

In a significant legal maneuver, the office of New York Attorney General Letitia James has taken steps to file judgments against former President Donald Trump in Westchester County, N.Y....

8. 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....

9. 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. ...

10. Iconic cosmetics brand shuts down US operations

https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations

The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....

11. Unemployment rate drops while inflation inches up

https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up

The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....

12. Carnival 2024 lights up the Limassol streets

https://knews.kathimerini.com.cy/en/news/carnival-2024-lights-up-the-limassol-streets

Today marks the official start of the Limassol Carnival 2024, with the Municipality of Limassol promising an impressive 11-day celebration filled with music, dance, and of course, many masked revelers....

13. KEDIPES preps for major loan sell-off, boosting Cyprus banks

https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

14. Vasiliko energy project now under EU scrutiny

https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny

The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....

15. Inflation and new markets propel spending close to €3 billion in 2023

https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023

Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...

16. Cyprus takes a backseat as the EU initiates gift-giving to Turkey

https://knews.kathimerini.com.cy/en/news/cyprus-takes-a-backseat-as-the-eu-initiates-gift-giving-to-turkey

In today's Sunday edition of Kathimerini, journalist Pavlos Xanthoulis delves into the intricate diplomatic maneuvers and decisions made by Nicos Christodoulides' government in response to the Borel/Commission document on EU-Turkey ...

17. EY survey: Cybersecurity tops global CROs' concerns

https://knews.kathimerini.com.cy/en/business/ey-survey-cybersecurity-tops-global-cros-concerns

EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....

18. Why marriage shouldn't be the answer to €2B loans

https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans

In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...

19. EIB explores Cyprus collaboration for economic growth

https://knews.kathimerini.com.cy/en/news/eib-explores-cyprus-collaboration-for-economic-growth

European Investment Bank (EIB) Vice President Kyriakos Kakouris is on a visit to Cyprus, engaging in meetings with Cypriot officials....

20. Cypriots saving less as loan numbers fluctuate

https://knews.kathimerini.com.cy/en/news/cypriots-saving-less-as-loan-numbers-fluctuate

In January 2024, the total deposits in Cyprus reached €51.9 billion, experiencing a net decrease of €366.0 million compared to the previous month....

21. Agricultural land for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/1-agricultural-land-for-sale-by-astrobank

Agricultural land in various parts of Cyprus have been listed for sale by AstroBank....

22. Hellenic Bank posts impressive 2023 profit of €365.4 million

https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million

Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....

23. Greek government to sell its stake in Piraeus Bank, anticipates high demand

https://knews.kathimerini.com.cy/en/news/greek-government-to-sell-its-stake-in-piraeus-bank-anticipates-high-demand

Greece will proceed with the complete divestment of the state from Piraeus Bank with the disposition of the 27% it controls through the Hellenic Financial Stability Fund (HFSF)....

24. Phone ringing, debt ignored: Cyprus faces loan repayment hurdles

https://knews.kathimerini.com.cy/en/news/phone-ringing-debt-ignored-cyprus-faces-loan-repayment-hurdles

Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....

25. Residential land for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/1-residential-land-for-sale-by-astrobank

AstroBank is selling land, which is ideal for development in various areas of Cyprus such as Nicosia, Famagusta, Paphos....

26. Putin detains US ballerina for alleged $51 high treason

https://knews.kathimerini.com.cy/en/news/putin-detains-us-ballerina-for-alleged-$51-high-treason

Vladimir Putin's Federal Security Service has detained Ksenia Karelina, a dual Russian-American ballerina, on suspicion of treason, officials reported Tuesday....

27. 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...

28. Netanyahu's party divided over US-Arab peace initiative for Gaza

https://knews.kathimerini.com.cy/en/news/netanyahu-s-party-divided-over-us-arab-peace-initiative-for-gaza

Reports of a joint US-Arab peace plan for Gaza, including a "tight timeline" for establishing a Palestinian state, have stirred strong reactions among Israeli Prime Minister Benjamin Netanyahu's far-right allies. ...

29. 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....

30. AstroBank: Residential and commercial plots land for sale

https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-commercial-plots-land-for-sale

AstroBank is selling residential, as well as commercial plots in various areas of Cyprus in the districts of Nicosia, Larnaca, Famagusta, and Paphos....

X