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12° Nicosia,
19 January, 2022
 

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Displaying results 1-30 of 231 matches for query Banks.

1. MONEYVAL: Cyprus makes some progress in the fight against money laundering

https://knews.kathimerini.com.cy/en/business/moneyval-cyprus-makes-some-progress-in-the-fight-against-money-laundering

Cyprus has made some progress in the fight against money laundering and terrorist financing by partially complying with recommendations set out by the Financial Action Task Force (FATF), according to a report by the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism - MONEYVAL....

2. Slight increase in the value of unsecured checks issued in 2021

https://knews.kathimerini.com.cy/en/business/slight-increase-in-the-value-of-unsecured-checks-issued-in-2021

The total amount of unsecured cheques issued in 2021 rose to €0.93 million compared with €0.74 in 2020. However, the total number of unsecured cheques dropped to 363 compared with 454 the year before....

3. NPLs in Cyprus decrease €722 million at the end of September

https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september

Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....

4. Cypriot economy will continue to recover output lost during 2020

https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....

5. Britain: Rubbish isn't collected, supermarkets shelves are empty and councils slash services

https://knews.kathimerini.com.cy/en/news/britain-rubbish-isn-t-collected-supermarkets-shelves-are-empty-and-councils-slash-services

The UK's self-isolation 'farce' means at least 1million people are now stuck at home - crippling many critical services with supermarket shelves emptying, trains canceled, bin collections axed, council services slashed and up to 25 percent of care home staff off work and one in ten NHS staff off sick....

6. A bank accidentally paid thousands of people more than $175 million on Christmas Day due to a technical glitch

https://knews.kathimerini.com.cy/en/news/a-bank-accidentally-paid-thousands-of-people-more-than-$175-million-on-christmas-day-due-to-a-technical-glitch

Santander UK is trying to recoup about $175 million (130 million pounds) that it accidentally transferred to customers on Christmas Day....

7. Reflections on 20 years of the euro

https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro

Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....

8. What's left for the Turkish Cypriot economy after 2021

https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

9. In exodus from Lebanon, the well-off find new home in Cyprus

https://knews.kathimerini.com.cy/en/news/in-exodus-from-lebanon-the-well-off-find-new-home-in-cyprus

Many well-off Lebanese who escaped their country’s economic tailspin for a new life in the nearby island nation of Cyprus say the transition has been a whirlwind of emotions....

10. Increase in deposits, decrease in loans

https://knews.kathimerini.com.cy/en/news/increase-in-deposits-decrease-in-loans

Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....

11. SYPRODAT: Demands response from Central Bank, Government and Parliament regarding increased charges

https://knews.kathimerini.com.cy/en/news/syprodat-demands-response-from-central-bank-government-and-parliament-regarding-increased-charges

The Bank of Cyprus Borrower Association (SYPRODAT) is calling for an immediate response from the Central Bank of Cyprus, the Government and Parliament in relation to the increase of charges from the largest Cypriot banks....

12. Vehicle license renewals for 2022 begin 7th of January

https://knews.kathimerini.com.cy/en/news/vehicle-license-renewals-for-2022-begin-7th-of-january

The Department of Road Transport (TOM) announces the following, in relation to the renewal of vehicle registration licenses for the year 2022:...

13. Loan restructurings in the Cyprus reached almost €2 billion due to Covid

https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....

14. Consulco opens its Limassol office

https://knews.kathimerini.com.cy/en/business/consulco-opens-its-limassol-office

Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...

15. How can banks use smart automation to improve customer service?

https://knews.kathimerini.com.cy/en/business/how-can-banks-use-smart-automation-to-improve-customer-service

In all industries, there are often many tasks that require the attention of employees, but do not fully utilize their skills, such as archiving, entering data or replying to a routine email....

16. Turkish lira whiplashes after Erdogan moves to protect savings

https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings

Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....

17. Turkish lira resumes slide to 17.5 against the dollar

https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

18. 100 employees leave Bank of Cyprus on a voluntary retirement plan

https://knews.kathimerini.com.cy/en/business/voluntary-retirement

Bank of Cyprus announces the successful completion of a small-scale targeted voluntary retirement plan....

19. Bank of Cyprus to impose new and increased fees from February 15, 2022

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-to-impose-new-and-increased-fees-from-february-15-2022

Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....

20. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

https://knews.kathimerini.com.cy/en/news/inflation-in-britain-jumped-to-its-highest-level-in-the-last-10-years-at-5-1

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

21. More foreign banks come to Athens

https://knews.kathimerini.com.cy/en/business/more-foreign-banks-come-to-athens

Big global banks are planning to open branches in Athens next year, while other lenders are expanding their existing banking activity in Greece...

22. Former Finance Minister Michalis Sarris new president of AstroBank

https://knews.kathimerini.com.cy/en/business/former-finance-minister-michalis-sarris-new-president-of-astrobank

Mr. Michalis Sarris, former Minister of Finance, assumes the chairmanship of the Board of Directors of AstroBank....

23. Moves to make banking faster

https://knews.kathimerini.com.cy/en/news/moves-to-make-banking-faster

As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...

24. Employers must pay at least 28 euros per month to teleworking employees in Greece

https://knews.kathimerini.com.cy/en/business/employers-must-pay-at-least-28-euros-per-month-to-teleworking-employees-in-greece

Employers will have to pay a minimum compensation of 28 euros per month to each of their employees who are teleworking,...

25. Debt sustainability in all Member States

https://knews.kathimerini.com.cy/en/news/debt-sustainability-in-all-member-states

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

26. London Credit Fund Q3 2021 Results Exceed its 4 % pa target return

https://knews.kathimerini.com.cy/en/business/london-credit-fund-q3-2021-results-exceed-its-4-pa-target-return

Consulco announced that during Q3 2021, London Credit Fund achieved a dividend of £11.55 in per unit of its Class A shares, $10.84 per unit for its Class C shares and €10.57 per unit for its Class E shares....

27. US food banks struggle to feed hungry amid surging prices

https://knews.kathimerini.com.cy/en/business/us-food-banks-struggle-to-feed-hungry-amid-surging-prices

U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation....

28. Cypriot banks to reduce costs

https://knews.kathimerini.com.cy/en/news/cypriot-banks-to-reduce-costs

The President of the European Banking Authority speaks to "K"...

29. Cyprus frets ‘pandoramonium’ overshadowing good work

https://knews.kathimerini.com.cy/en/news/cyprus-frets-‘pandoramonium-overshadowing-good-work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

30. The largest tech conference in the region begins Tuesday in Cyprus

https://knews.kathimerini.com.cy/en/news/the-largest-tech-conference-in-the-region-begins-tuesday-in-cyprus

Speakers from around the world are gathering in Nicosia for the largest tech event in the region. ...

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