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12° Nicosia,
19 March, 2024
 

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Displaying results 91-120 of 678 matches for query Banks.

91. From ill-considered posts to digital faux pas

https://knews.kathimerini.com.cy/en/comment/opinion/from-ill-considered-posts-to-digital-faux-pas

In the Cypriot digital political arena of Facebook, Twitter, Instagram, and lately, TikTok, national anniversaries, the Cyprus issue, and other significant events in a historical context or related to tumultuous international developments have perennially been fertile ground for blunders. ...

92. Bank of Cyprus and Hellenic Bank upgraded by Fitch

https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-and-hellenic-bank-upgraded-by-fitch

Fitch Ratings has delivered significant upgrades to the two largest Cypriot banks, Bank of Cyprus and Hellenic Bank, signaling a positive turn in Cyprus's economic landscape and a bright outlook for both financial institutions....

93. Fitch upgrades Hellenic's long-term rating to ''BB+'' with stable outlook

https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook

In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...

94. Hellenic employees want share of bank's excess profits

https://knews.kathimerini.com.cy/en/news/hellenic-employees-want-share-of-bank-s-excess-profits

The Cyprus Bank Employees' Union (CBCU) has called for a three-hour work stoppage at all Hellenic Banks on Monday, November 6, 2023, from 3:00 p.m. to 6:00 p.m....

95. Will Czech Republic embrace the euro?

https://knews.kathimerini.com.cy/en/news/will-czech-republic-embrace-the-euro

Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...

96. Cyprus records €253.8M in new loans for September 2023

https://knews.kathimerini.com.cy/en/news/cyprus-records-€253-8m-in-new-loans-for-september-2023

Pure new loans in September 2023 increased to €253.8 million compared to €207 million in August 2023, according to the latest data released by the Central Bank of Cyprus on Thursday. ...

97. No foreclosures on first homes until the end of 2023

https://knews.kathimerini.com.cy/en/news/no-foreclosures-on-first-homes-until-the-end-of-2023

In a development concerning foreclosures, four months after the summer 2023 decisions, the data remains unchanged. Banks and credit redemption companies have been urged to provide a two-month grace period for first homes and properties up to 350 thousand euros. ...

98. Freeze on home foreclosures likely to continue

https://knews.kathimerini.com.cy/en/news/freeze-on-home-foreclosures-likely-to-continue

As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....

99. UN warns of potential war crimes amid Israel-Gaza violence surge

https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge

The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....

100. Key economic issues dominate the headlines

https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines

Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...

101. KEDIPES calls for stability in foreclosure framework to safeguard borrowers' homes

https://knews.kathimerini.com.cy/en/business/kedipes-calls-for-stability-in-foreclosure-framework-to-safeguard-borrowers-homes

Lambros Papadopoulos, Chairman of the Board of Directors of KEDIPES (Cyprus Asset Management Company), emphasized the importance of maintaining consistency in the 2018 divestment framework within the Parliament....

102. ECB maintains interest rates amid tightening impact

https://knews.kathimerini.com.cy/en/business/ecb-maintains-interest-rates-amid-tightening-impact

The European Central Bank (ECB) has opted to maintain interest rates unchanged for the first time in over a year, marking a shift following 10 consecutive rate hikes. ...

103. Tightened lending criteria and reduced loan demand in Q2 2023

https://knews.kathimerini.com.cy/en/news/tightened-lending-criteria-and-reduced-loan-demand-in-q2-2023

During the second quarter of 2023, lending criteria for both businesses and households in Cyprus remained stringent, with banks exercising caution....

104. Cyprus deposits bounce back with €87.7 million growth

https://knews.kathimerini.com.cy/en/news/cyprus-deposits-bounce-back-with-€87-7-million-growth

Total deposits recorded a noteworthy uptick in September 2023, rebounding from two consecutive months of decline, according to data released Wednesday by the Central Bank of Cyprus....

105. KEDIPES prepares 60 million euro 'Mortgage-to-Rent' initiative

https://knews.kathimerini.com.cy/en/news/kedipes-prepares-60-million-euro-mortgage-to-rent-initiative

The sale of primary residences worth up to 350 thousand euros faces a potential new suspension. As of the end of October, no additional steps have been taken regarding divestments....

106. ECOMMBX: A Platform to rule them all

https://knews.kathimerini.com.cy/en/business/ecommbx-a-platform-to-rule-them-all

From Day One, ECOMMBX was determined to develop the most powerful electronic payments systems, capable of offering customers seamless cross-border transactions. ...

107. Central Bank's remote ID project to take off

https://knews.kathimerini.com.cy/en/news/central-bank-s-remote-id-project-to-take-off

The Central Bank of Cyprus (CBC) has officially announced that it has signed an agreement to start the Digital On-boarding project for remote customer identification. The agreement was signed between the CBC and the appointed consortium....

108. ECB set to keep rates steady, says Central Bank of Cyprus governor

https://knews.kathimerini.com.cy/en/news/ecb-set-to-keep-rates-steady-says-central-bank-of-cyprus-governor

No interest hikes are expected in the next European Central Bank Governing Council meeting, as the latest available recent data suggest that the ECB rates have reached a level that, if maintained, will contribute to the return of inflation to the medium-term target of 2%, Constantinos Herodotou, Governor of the Central Bank of Cyprus and ECB Governing Council member told CNA on Wednesday....

109. Suspense builds as foreclosure deadline nears, and creditors seek solutions

https://knews.kathimerini.com.cy/en/news/suspense-builds-as-foreclosure-deadline-nears-and-creditors-seek-solutions

Cyprus is nearing the end of the suspension of divestments of primary residences worth up to 350 thousand euros, but a solution remains elusive regarding open funds tied to the divestment framework. ...

110. Acquisition talks between Astrobank and CDB Bank heat up

https://knews.kathimerini.com.cy/en/news/acquisition-talks-between-astrobank-and-cdb-bank-heat-up

As of the beginning of the week, high-ranking officials from both banks had a meeting to discuss transaction details and the way forward....

111. Israeli-Hamas war puts Cyprus and Egypt at forefront of credit risks

https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks

Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....

112. ECB keeps watchful eye on non-performing loans

https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans

The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...

113. Eurobank goes independent

https://knews.kathimerini.com.cy/en/business/eurobank-goes-independent

Eurobank Ergasias Services and Holdings SA has announced the repurchase of a total of 52.08 million shares previously held by the Financial Stability Fund, making it the first Greek systemic bank without state participation in its share capital following the 2010 crisis....

114. ECB VP says interest rate cuts premature

https://knews.kathimerini.com.cy/en/business/ecb-vp-says-interest-rate-cuts-premature

In an interview with CNA, Louis de Guindos, Vice President of the European Central Bank, expressed that discussions regarding interest rate cuts are premature....

115. ECB VP praises Cyprus' economic turnaround

https://knews.kathimerini.com.cy/en/news/ecb-vp-praises-cyprus-economic-turnaround

ECB Vice-President Luis de Guindos praised Cyprus for its remarkable economic improvement and recent upgrades by two rating agencies during a meeting with Cyprus Central Bank Governor Constatinos Herodotou in Nicosia. The officials emphasized the strengthening collaboration between Cyprus and the ECB....

116. Cyprus banks secure Moody's upgrade to investment status

https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status

After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....

117. Moody's boosts Bank of Cyprus and Hellenic Bank ratings to Baa2

https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2

Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....

118. ECB VP Luis de Guindos to address inflation and monetary policy in Cyprus

https://knews.kathimerini.com.cy/en/news/ecb-vp-luis-de-guindos-to-address-inflation-and-monetary-policy-in-cyprus

European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....

119. Inflation fears and green investments

https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments

The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...

120. Cyprus banks' net interest income doubles amid ECB rate hikes

https://knews.kathimerini.com.cy/en/business/cyprus-banks-net-interest-income-doubles-amid-ecb-rate-hikes

The Cypriot banking system's net interest income (NII) saw a remarkable doubling in the first half of 2023, marking an annual increase of 100%, primarily due to the ongoing rate hikes by the European Central Bank (ECB) aimed at tackling rising inflation....

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