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12° Nicosia,
15 February, 2025
 

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Displaying results 1-30 of 2200 matches for query Bank.

1. Big US companies borrowing in Europe to save money

https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

2. IGC Business & Investment Council Launched in India

https://knews.kathimerini.com.cy/en/business/igc-business-investment-council-launched-in-india

The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...

3. Large plots of farmland for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/large-plots-of-farmland-for-sale-by-astrobank

AstroBank has listed for sale a large plots of farmland in various areas of Nicosia, Limassol Larnaca and Paphos....

4. Christodoulides to visit US in April to boost Cyprus investments

https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments

President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...

5. Modernist landmark in Nicosia faces demolition

https://knews.kathimerini.com.cy/en/news/modernist-landmark-in-nicosia-faces-demolition

The demolition of yet another modernist landmark in Cyprus has reignited concerns over the preservation of the island’s architectural heritage. ...

6. Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9 billion market cap milestone

https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone

Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....

7. Cryptocurrency scam - €430,000 stolen from Limassol resident

https://knews.kathimerini.com.cy/en/news/cryptocurrency-scam-€430-000-stolen-from-limassol-resident

The Cyprus Police are informing the public about incidents of fraud related to cryptocurrency investments and are urging citizens to be particularly careful....

8. Four new types of branches at the Bank of Cyprus

https://knews.kathimerini.com.cy/en/business/four-new-types-of-branches-at-the-bank-of-cyprus

Bank of Cyprus branches are entering a new era, with the bank having moved to modernise the operational model of its network with four types of branches....

9. Bank of Cyprus Man of the Year Awards – 23rd Edition

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-man-of-the-year-awards-–-23rd-edition

On Wednesday, February 26, 2025, The Royal Hall in Nicosia will host the prestigious Bank of Cyprus Man of the Year Awards—an evening dedicated to honoring exceptional individuals who lead by example....

10. Rate hikes got you down? Bank of Cyprus has €2 Million (with strings attached)

https://knews.kathimerini.com.cy/en/business/rate-hikes-got-you-down-bank-of-cyprus-has-€2-million-with-strings-attached

Bank of Cyprus, perhaps feeling a twinge of sympathy for mortgage holders grappling with those pesky European Central Bank interest rate hikes, has unveiled a €2 million rewards program....

11. Eurobank moves for full control of Hellenic Bank in major takeover push

https://knews.kathimerini.com.cy/en/business/eurobank-moves-for-full-control-of-hellenic-bank-in-major-takeover-push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

12. Cyprus's car market is a tangled mess

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess

On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....

13. EU warns of strong response to possible US tariffs

https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs

The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....

14. NASDAQ-listed Freedom24 is making its mark in Cyprus and beyond

https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond

When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...

15. Superhome Center sold to Greek company for €94 million

https://knews.kathimerini.com.cy/en/business/superhome-center-sold-to-greek-company-for-€94-million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

16. Cyprus Central Bank sets interest rate limits to protect consumers

https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-sets-interest-rate-limits-to-protect-consumers

The Central Bank of Cyprus (CBC) has announced that the official reference interest rate will be set at 11.50%. This means that banks and other lenders in Cyprus must not charge higher rates than this when offering loans, extending payment terms, or renewing loans. ...

17. Cyprus ended 2024 with a banking boom as loans and deposits surged

https://knews.kathimerini.com.cy/en/business/cyprus-ended-2024-with-a-banking-boom-as-loans-and-deposits-surged

Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...

18. Christodoulides unveils ambitious plans in State of the Union address

https://knews.kathimerini.com.cy/en/news/christodoulides-unveils-ambitious-plans-in-state-of-the-union-address

President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...

19. UK bank closures could disrupt British expats in Cyprus

https://knews.kathimerini.com.cy/en/business/1-uk-bank-closures-could-disrupt-british-expats-in-cyprus

Lloyds Banking Group is shutting 136 more branches across the UK, continuing a long trend of high street bank closures. ...

20. Investment and owner occupancy opportunities by AstroBank

https://knews.kathimerini.com.cy/en/business/investment-and-owner-occupancy-opportunities-by-astrobank

AstroBank has listed for sale a large commercial/residential property in Peyia, as well as other investment opportunities and properties for sale in Nicosia, Paphos, Larnaca and Famagusta....

21. A night of glamour, gourmet delights, and the best restaurants in Cyprus

https://knews.kathimerini.com.cy/en/news/a-night-of-glamour-gourmet-delights-and-the-best-restaurants-in-cyprus

Food lovers, restaurateurs, and top chefs gathered last night at the Hilton Hotel in Nicosia for what has become the most anticipated event in Cyprus’ culinary calendar—the Wiz 50 Best Restaurants Awards....

22. It was a low bar

https://knews.kathimerini.com.cy/en/comment/opinion/it-was-a-low-bar

The Housing Grant Scheme for young couples and individuals up to 41 years of age was launched on 31 October 2024, with a target of 400 beneficiary applications and a total budget of €15 million. ...

23. New lending boosted by interest rates and government plans

https://knews.kathimerini.com.cy/en/business/new-lending-boosted-by-interest-rates-and-government-plans

A favorable landscape for Cypriot borrowers is taking shape in 2025, laying the groundwork for a strong year in new lending....

24. New €26 million fund to boost startups in Cyprus

https://knews.kathimerini.com.cy/en/business/new-€26-million-fund-to-boost-startups-in-cyprus

33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...

25. Greek companies dominate Cyprus market with expanding investments

https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments

In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....

26. Demetra shareholders face tough decision over Logicom’s €1.55 offer

https://knews.kathimerini.com.cy/en/business/dimitra-shareholders-face-tough-decision-over-logicom-s-€1-55-offer

The decision facing thousands of shareholders of Dimitra Investment is not an easy one....

27. UN Chief warns of ''serious violation'' if Israel annexes West Bank

https://knews.kathimerini.com.cy/en/news/un-chief-warns-of-serious-violation-if-israel-annexes-west-bank

UN Secretary-General Antonio Guterres raised serious concerns today over the potential annexation of the West Bank by Israel, calling it a ''very serious violation of international law.''...

28. 90 Palestinian prisoners freed as Hamas releases Israeli hostages

https://knews.kathimerini.com.cy/en/news/90-palestinian-prisoners-freed-as-hamas-releases-israeli-hostages

In an emotional scene early this morning, a jubilant crowd gathered in the West Bank as two buses carrying Palestinian prisoners passed through Beituniya on their way to Ramallah....

29. Trump’s tariff plans could hurt Cyprus’ economy

https://knews.kathimerini.com.cy/en/news/trump-s-tariff-plans-could-hurt-cyprus-economy

The looming inauguration of U.S. President-elect Donald Trump has stirred concern across the Eurozone, and Cyprus is no exception....

30. Eurobank sells €27M stake in Demetra Holdings

https://knews.kathimerini.com.cy/en/business/eurobank-sells-€27m-stake-in-demetra-holdings

In a significant financial move, Eurobank announced the completion of the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited. The deal, finalized on January 16, 2025, involved the sale of 17,152,353 shares at €1.55 per share, totaling approximately €27 million....

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