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12° Nicosia,
07 July, 2025
 

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Displaying results 1141-1170 of 2382 matches for query Bank.

1141. Russia's use of Chinese yuan to bypass western sanctions may come to an end

https://knews.kathimerini.com.cy/en/business/russia-s-use-of-chinese-yuan-to-bypass-western-sanctions-may-come-to-an-end

Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....

1142. Israeli forces clash with Palestinian gunmen in West Bank operation

https://knews.kathimerini.com.cy/en/news/israeli-forces-clash-with-palestinian-gunmen-in-west-bank-operation

Three Palestinians have died and 29 others have been injured during a raid by Israeli troops in the occupied West Bank....

1143. AUB Mediterraneo Paphos: Shaping the future of education in the Mediterranean

https://knews.kathimerini.com.cy/en/business/aub-mediterraneo-paphos-shaping-the-future-of-education-in-the-mediterranean

As the anticipation builds for the opening of the American University of Beirut - Mediterraneo in Paphos scheduled for September 2023, Kathimerini had the privilege of sitting down with Philip S. Khoury,...

1144. ECB raises interest rate to 3.20% in ongoing tightening campaign

https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rate-to-3-20-in-ongoing-tightening-campaign

The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...

1145. Agricultural land for sale by AstroBank

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

1146. AstroBank raises deposit interest rates

https://knews.kathimerini.com.cy/en/business/astrobank-raises-deposit-interest-rates

New 18-month term deposit product at 1.50% annual interest irrespective of amount...

1147. JPMorgan chase settles $290M lawsuit with Epstein victims

https://knews.kathimerini.com.cy/en/news/jpmorgan-chase-settles-$290m-lawsuit-with-epstein-victims

JPMorgan Chase (JPM) reached a tentative $290 million settlement with victims of Jeffrey Epstein, one of two lawsuits alleging the nation's largest bank ignored warnings about its longtime client and facilitated his alleged sex trafficking....

1148. Christodoulides' pledge to safeguard Cyprus' reputation

https://knews.kathimerini.com.cy/en/news/christodoulides-pledge-to-safeguard-cyprus-reputation

President of the Republic Nikos Christodoulides has stressed that the government will not allow a very small minority of people in the country to tarnish Cyprus' reputation, which was built after many years of effort....

1149. Groundbreaking court to tackle first home foreclosures

https://knews.kathimerini.com.cy/en/news/groundbreaking-court-to-tackle-first-home-foreclosures

The groundwork for the establishment of a specialized jurisdiction court, which will exclusively handle issues related to the foreclosure of primary residences, will be laid on Thursday....

1150. The 'holiday scam': Protecting yourself when booking online

https://knews.kathimerini.com.cy/en/business/the-holiday-scam-protecting-yourself-when-booking-online

An increasing number of individuals are opting to plan their vacations online, a trend that, as observed in previous years, carries potential risks and pitfalls. ...

1151. Former US-based bank executive to lead Turkey's Central Bank

https://knews.kathimerini.com.cy/en/news/former-us-based-bank-executive-to-lead-turkey-s-central-bank

Turkish President Recep Tayyip Erdogan on Friday appointed a former U.S.-based bank executive to head Turkey’s central bank, in another sign that his administration might pursue more conventional economic policies....

1152. Cyprus banking sector maintains stable solvency ratio

https://knews.kathimerini.com.cy/en/news/cyprus-banking-sector-maintains-stable-solvency-ratio

The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus on Wednesday....

1153. Declining new loans in Cyprus signals economic shifts

https://knews.kathimerini.com.cy/en/news/declining-new-loans-in-cyprus-signals-economic-shifts

In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...

1154. Building and agricultural land for sale by AstroBank

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

1155. Cyprus housing prices rise amid increased demand

https://knews.kathimerini.com.cy/en/news/cyprus-housing-prices-rise-amid-increased-demand

During the fourth quarter of 2022, housing prices in Cyprus continued their upward trend, driven by increased construction costs and higher demand....

1156. Surge in fraudulent accommodation scams targets holidaymakers

https://knews.kathimerini.com.cy/en/news/surge-in-fraudulent-accommodation-scams-targets-holidaymakers

The director of the Electronic Crime Sub-Directorate, Andreas Anastasiades, has issued a warning about a surge in fraudulent activities where criminals are posing as tenants or owners of houses, apartments, and hotels....

1157. FinMin underlines the importance of disciplined policy

https://knews.kathimerini.com.cy/en/news/finmin-underlines-the-importance-of-disciplined-policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

1158. April records a decrease in loan volumes

https://knews.kathimerini.com.cy/en/news/april-records-a-decrease-in-loan-volumes

The Central Bank of Cyprus announced in a press release on Tuesday that total new loans decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month....

1159. IMF says Cyprus untouched by war fallout

https://knews.kathimerini.com.cy/en/news/imf-says-cyprus-untouched-by-war-fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

1160. New plan to safeguard vulnerable groups' homes nears approval

https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval

The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...

1161. Cyprus emerges as top beneficiary of EIB support in Europe

https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-top-beneficiary-of-eib-support-in-europe

The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....

1162. Why are food prices so high in Europe?

https://knews.kathimerini.com.cy/en/business/why-are-food-prices-so-high-in-europe

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

1163. An effective foreclosure framework is important, says FinMin

https://knews.kathimerini.com.cy/en/news/an-effective-foreclosure-framework-is-important-says-finmin

An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....

1164. Luxury villas for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/luxury-villas-for-sale-by-astrobank

1165. Cyprus sees decline in total deposits and loans

https://knews.kathimerini.com.cy/en/news/cyprus-sees-decline-in-total-deposits-and-loans

Total deposits in April 2023 recorded a net decrease of €173.3 million, compared with a net increase of €59.8 million in March 2023, the Central Bank of Cyprus said in a press release....

1166. Divestments trigger a risk of backlash in the Recovery Fund

https://knews.kathimerini.com.cy/en/business/divestments-trigger-a-risk-of-backlash-in-the-recovery-fund

As Cyprus races against time to secure €1.1 billion in grants and loans from the Recovery Fund (NextGenerationEU) by June 2026, a new challenge arises. ...

1167. US ambassador praises Cyprus on sanctions

https://knews.kathimerini.com.cy/en/news/us-ambassador-praises-cyprus-on-sanctions

US Ambassador Julie Fisher is dismissing claims that Washington is using arm-twisting tactics in Nicosia for sanctioning companies on the island, while pointing out Cypriot government statements are in line with the EU’s transatlantic consensus on Russia’s war in Ukraine...

1168. EBA tightens its grip in response to sanctions

https://knews.kathimerini.com.cy/en/business/eba-tightens-its-grip-in-response-to-sanctions

Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...

1169. Building land for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/2-building-land-for-sale-by-astrobank

AstroBank is selling building land in various areas of Cyprus such as Famagusta, Paphos, Nicosia....

1170. Christodoulides to drill EU peace role into Berlin

https://knews.kathimerini.com.cy/en/news/christodoulides-to-drill-eu-peace-role-into-berlin

Cypriot President Nikos Christodoulides travels to Berlin this week where he is expected to push once again for active EU involvement in peace talks on the divided island, a proposal so far rejected by Turkish Cypriots who call for cooperation between two states...

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