CLOSE
Loading...
12° Nicosia,
23 November, 2024
 

Search

Displaying results 421-450 of 845 matches for query Banks.

421. UBS steps in to buy rival Credit Suisse

https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

422. 1,300 loan applications submitted for Oikia scheme

https://knews.kathimerini.com.cy/en/news/1-300-loan-applications-submitted-for-oikia-scheme

Applications for 1,318 potentially eligible loans involving a total amount of €131.1 million were submitted under the Oikia scheme, which is a loan management plan with government funds granted under Government Housing Plans....

423. Four Cypriot companies exposed to SVB and Signature Bank fallout

https://knews.kathimerini.com.cy/en/business/four-cypriot-companies-exposed-to-svb-and-signature-bank-fallout

Four companies licensed by the Cyprus Securities and Exchange Commission (CySEC) had deposited at Silicon Valley Bank and Signature Bank, the two US banks that failed, causing turmoil in the global economy....

424. Credit Suisse borrows more than $50 billion from Swiss National Bank

https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

425. It's been 10 years since the haircut

https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

426. Cliff death case draws the big guns of forensics

https://knews.kathimerini.com.cy/en/news/cliff-death-draws-the-big-guns-of-forensics

A private forensic pathologist will take part in a defense autopsy of a young Ukrainian woman, whose boyfriend insists her cliff death was an accident, despite initial objections by the Legal Department which has also tasked its own expert to lead the exam...

427. KEDIPES: Interest subsidies for good loans in 2023

https://knews.kathimerini.com.cy/en/news/kedipes-interest-subsidies-for-good-loans-in-2023

As a reward for borrowers who stick to the repayment schedule of their credit facilities for the year 2023, KEDIPES is moving forward with an interest subsidy for restructured credit facilities that have the ECB base rate as their base rate....

428. Banks around the world feel force of SVB fallout

https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

429. HSBC buys failed Silicon Valley Bank in bid to stem fallout

https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

430. Finance minister calls on banks to delay foreclosures

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-on-banks-to-delay-foreclosures

The Finance Ministry is considering possible actions to tackle non-performing loans and is examining a set of measures aiming to address the issue, ...

431. Foreclosure sales to restart after Parliamentary vote

https://knews.kathimerini.com.cy/en/news/foreclosure-sales-to-restart-after-parliamentary-vote

The House of Representatives voted 22 to 18 against a proposal for a new three-month suspension of foreclosure sales, which had been tabled in the form of an emergency bill....

432. Criticism grows as Europe pushes to restrict cars in cities

https://knews.kathimerini.com.cy/en/news/criticism-grows-as-europe-pushes-to-restrict-cars-in-cities

In an effort to ease traffic congestion and curb greenhouse gas emissions causing climate change, municipalities from Barcelona to Brussels have embarked on what has been called a “transportation revolution.”...

433. At least 12 snowed-in residents found dead in California mountain community

https://knews.kathimerini.com.cy/en/news/at-least-12-snowed-in-residents-found-dead-in-california-mountain-community

At least 12 people have died in Southern California, authorities said, after fierce winter storms lashed the state, burying normally warm areas in snow....

434. Volunteers and their kids took part in Cans For Kids campaign

https://knews.kathimerini.com.cy/en/news/volunteers-and-their-kids-took-part-in-cans-for-kids-campaign

Dozens of citizens from across the Nicosia district took part on Saturday, March 4, in the Cans For Kids WE CAN Spring Clean-up campaign, held near their recycling center in the Nicosia municipality Green Spot....

435. Road tax deadline looms

https://knews.kathimerini.com.cy/en/news/road-tax-deadline-looms

There are only a few days left until the deadline for renewing registration licenses and, as a result, drivers who fail to renew will face a charge or even a fine if they are caught by the police....

436. Lower deposit and mortgage interest rates

https://knews.kathimerini.com.cy/en/news/lower-deposit-and-mortgage-interest-rates

The interest rates for household deposits and housing loans slightly decreased in January, while interest rates for non-financial corporations increased, according to data published by the Central Bank of Cyprus on Friday. These statistics are included in the February 2023 Monetary and Financial Statistics edition....

437. EIB financed €250 million worth of green projects in Cyprus

https://knews.kathimerini.com.cy/en/business/eib-financed-€250-million-worth-of-green-projects-in-cyprus

The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....

438. EY presents report on the Future of Banking in Cyprus

https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

439. 2023 will be the year banks dole out dividends

https://knews.kathimerini.com.cy/en/business/2023-will-be-the-year-banks-dole-out-dividends

Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...

440. Police warn public about messaging scam targeting bank accounts

https://knews.kathimerini.com.cy/en/news/police-warn-public-about-messaging-scam-targeting-bank-accounts

Police have received reports of money being stolen from citizens' bank accounts after victims are sent messages via SMS or email asking them to click on the links provided in the message and provide personal data....

441. Bank of Cyprus: 71 million in profits in 2022

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

442. EY Cyprus participated in the 6th Cyprus International Tax Conference

https://knews.kathimerini.com.cy/en/business/ey-cyprus-participated-in-the-6th-cyprus-international-tax-conference

EY Cyprus has, once again, sponsored and participated in the 6th Cyprus International Tax Conference, titled ''The evolving landscape: Adopting to new challenges and opportunities,'' which took place on Tuesday, February 14th at the Hilton Nicosia hotel. ...

443. Sales to foreign buyers hit 16 year high

https://knews.kathimerini.com.cy/en/news/sales-to-foreign-buyers-hit-16-year-high

During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....

444. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

445. 'Mortgage to rent' plan approved

https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-plan-approved

The Cabinet has approved the Treasury's proposal to establish a "rent versus installment" scheme known as mortgage to rent....

446. Rate of NPL's unchanged in November 2022

https://knews.kathimerini.com.cy/en/business/rate-of-npl-s-unchanged-in-november-2022

Non-performing loans (NPLs) in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans unchanged at 10.5%....

447. Interest rates in Cyprus continues its steady rise

https://knews.kathimerini.com.cy/en/news/interest-rates-in-cyprus-continues-its-steady-rise

Interest rates in the Cypriot banking system continued rising in December in the context of the ECB’s monetary normalization policy to tackle high inflation....

448. Eurostat: Cyprus had the highest stock of NPL's in 2021

https://knews.kathimerini.com.cy/en/news/eurostat-cyprus-had-the-highest-stock-of-npl-s-in-2021

In 2021, Cyprus remained the country with the highest stock of non-performing loans (assets) of the general government, at 20.2% of GDP, according to data released by Eurostat, the statistical service of the EU....

449. A large number of foreclosure notices to be sent tomorrow

https://knews.kathimerini.com.cy/en/news/a-large-number-of-foreclosure-notices-to-be-sent-tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

450. Guarantor wants off the hook over old bad loan

https://knews.kathimerini.com.cy/en/news/guarantor-wants-off-the-hook-over-old-bad-loan

Cyprus’ financial commissioner came to the rescue of a loan guarantor who says he should not have to pay anything because a former credit union had failed to send him default notices 'without delay' concerning non-payment by the primary beneficiary...

X