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....
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. ...
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. ...
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/business/2-agricultural-land-for-sale-by-astrobank
AstroBank has listed for sale large parcels of agriculture land in various parts of Cyprus....
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....
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....
https://knews.kathimerini.com.cy/en/news/massive-international-fraud-ring-busted-cyprus-plays-crucial-role
Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-rising-israel-iran-tensions
When Saddam Hussein attacked the center of Tel Aviv with scud missiles in January 1991, Israeli citizens wore gas masks due to the risk of chemical attacks. It took 33 years for Israel to face another missile attack from a sovereign state....
https://knews.kathimerini.com.cy/en/business/1-april-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....
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....
https://knews.kathimerini.com.cy/en/comment/opinion/we-are-all-responsible
Eleven people crammed into one apartment, each paying between 150 to 200 euros in rent, all to live stacked together in appalling conditions. ...
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...
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. ...
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/news/spp-media-group-building-lit-up-in-support-of-christodoula-march
For the 49th consecutive year, the Cyprus Cancer Society is organizing the Christodoula March, the largest campaign aimed at raising awareness among Cypriot society about cancer-related issues....
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....
https://knews.kathimerini.com.cy/en/business/2-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Nicosia, Larnaca, and Paphos that are ideal for own-occupancy....
https://knews.kathimerini.com.cy/en/news/spp-media-group-stand-with-the-49th-christodoula-march
For the 49th consecutive year, the Cyprus Cancer Society is organizing the Christodoula March, a monumental campaign aimed at raising awareness about cancer-related issues within Cypriot society. ...
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....
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....
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....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
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....
https://knews.kathimerini.com.cy/en/news/finance-ministry-urges-applicants-for-2013-haircut-compensation
The Cyprus Finance Ministry is calling on all individuals and entities affected by the 2013 Cyprus bailout to submit their electronic applications for participation in the "Replenishment Scheme of the National Solidarity Fund."...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/business/april-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. ...
https://knews.kathimerini.com.cy/en/business/demetra-holdings-challenges-eurobank-hellenic-merger
Demetra Holdings is seeking to overturn the National Competition Authority's (NCA) approval of the proposed merger between Eurobank and Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-to-auction-cars-see-the-models-and-prices
The Bank of Cyprus has announced an upcoming auction for a selection of cars. Details of the models and prices are outlined in the tables below....
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....
