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12° Nicosia,
01 November, 2024
 

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Displaying results 451-480 of 835 matches for query Banks.

451. Looking ahead to 2023: House prices in Cyprus

https://knews.kathimerini.com.cy/en/comment/opinion/looking-ahead-to-2023-house-prices-in-cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

452. New loans up despite interest rate hike

https://knews.kathimerini.com.cy/en/news/new-loans-up-despite-interest-rate-hike

Total new loans in November 2022 increased by €172.8m compared to the previous month, despite an increase in interest rates across all loan categories. ...

453. The landscape of bank equity is changing in Cyprus

https://knews.kathimerini.com.cy/en/business/the-landscape-of-bank-equity-is-changing-in-cyprus

A day before 2022 came to an end, Eurobank made the announcement that it had added 3.2% more shares of Hellenic Bank, bringing its total to 29.2% (pending regulatory approval), and altering the bank's balance "for good"....

454. The properties 'threatened' by the Pedieos River

https://knews.kathimerini.com.cy/en/business/the-properties-threatened-by-the-pedieos-river

There have been numerous occasions in recent years when the Pedieos River's overflow has resulted in serious issues. ...

455. All you need to know to renew your road tax license

https://knews.kathimerini.com.cy/en/news/all-you-need-to-know-to-renew-your-road-tax-license

The following is a notice from the Ministry of Transport, Communications, and Works (Department of Road Transport) regarding the renewal of vehicle registration permits for the year 2023:...

456. Economic events that will be remembered in 2022

https://knews.kathimerini.com.cy/en/news/economic-events-that-will-be-remembered-in-2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

457. Nikos Christodoulides’ program for the next five years

https://knews.kathimerini.com.cy/en/comment/opinion/nikos-christodoulides-program-for-the-next-five-years

Cypriots will go to the polls on February 5 to elect the 8th President of the Republic. The campaign began very early compared to previous elections and will intensify during the remaining few weeks. ...

458. Cyprus braces for credit ratings in 2023

https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-credit-ratings-in-2023

The ratings will take place in a year marked by a projected economic slowdown, amid the continued uncertainty that clouds the economic outlook, due to high inflation and the energy crisis, fueled by the continuing war in Ukraine...

459. Cash still king as Cypriots take digital leap

https://knews.kathimerini.com.cy/en/news/cash-still-king-as-cypriots-take-digital-leap

The growing preference of Cypriots for digital means of payment, but also the desire to maintain the ability to pay with cash and checks, are the main conclusions of the report of the Central Bank of Cyprus on Retail Payments in Cyprus for the years 2014-2021...

460. Calls to protect vulnerable borrowers from interest rate hike

https://knews.kathimerini.com.cy/en/news/calls-to-protect-vulnerable-borrowers-from-interest-rate-hike

The Association for the Protection of Bank Borrowers (SYPRODAT) has accused the government of "complete apathy" in the development of support measures for vulnerable borrowers in the aftermath of the European Central Bank's (ECB) continuous increase in interest rates and amid conditions of unprecedented accuracy....

461. Finance Ministry: 'Cyprus economy will not enter a recession'

https://knews.kathimerini.com.cy/en/news/finance-ministry-cyprus-economy-will-not-enter-a-recession

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

462. ECB raises interest rates by 0.5%

https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-5

Christine Lagarde warned markets not to expect an early end to rate rises next year, on a day when the European Central Bank and the Bank of England lifted borrowing costs to their highest levels in 14 years....

463. Gatzke-Hellenic relations have returned to normal

https://knews.kathimerini.com.cy/en/business/gatzke-hellenic-relations-have-returned-to-normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

464. €36 million loss so far reported by banks this year

https://knews.kathimerini.com.cy/en/business/€36-million-loss-so-far-reported-by-banks-this-year

The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....

465. Gatzke returns to Hellenic

https://knews.kathimerini.com.cy/en/business/gatzke-returns-to-hellenic

Oliver Gatzke, CEO of the Hellenic Bank, has returned to the Bank of Greece's headquarters as of today, December 12....

466. Tying up loose ends at Hellenic

https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

467. Hellenic CEO cleared of any wrongdoing

https://knews.kathimerini.com.cy/en/business/hellenic-ceo-cleared-of-any-wrongdoing

Oliver Gatzke, CEO of Hellenic Bank, has not been linked to any suspicious activity, according to the Cyprus Securities and Exchange Commission (CySEC)....

468. €76.4m profit in first 9 months of 2022 for Hellenic

https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

469. World's largest crypto exchange platform to set up shop in Cyprus

https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

470. The effects of Global warming on banks and insurance companies

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-effects-of-global-warming-on-banks-and-insurance-companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

471. Small number of banks meeting new loan demand

https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

472. 14 billion euros of loans on ice due to the suspension of foreclosure sales

https://knews.kathimerini.com.cy/en/news/14-billion-euros of-loans-on-ice-due-to-the-suspension-of-foreclosure-sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

473. 'The suspension of foreclosure sales is tragic for the country'

https://knews.kathimerini.com.cy/en/business/the-suspension-of-foreclosure-sales-is-tragic-for-the-country

Bank of Cyprus CEO Panicos Nicolaou described Cyprus's decision to extend the suspension of divestments as "tragic."...

474. BOC: Profits for first nine months gobbled up by Voluntary Retirement Plan

https://knews.kathimerini.com.cy/en/business/boc-profits-for-first-nine-months-gobbled-up-by-voluntary-retirement-plan

The bank reported 9 million euro losses following the summer departure of 550 employees, which cost it 104 million....

475. ECB: Banks in Italy, Portugal, Greece, Cyprus could see highest rise in NPLs

https://knews.kathimerini.com.cy/en/news/ecb-banks-in-italy-portugal-greece-cyprus-could-see-highest-rise-in-npls

Banks in Italy, Portugal, Greece and Cyprus could suffer some of the biggest increases in non-performing loans while France, Ireland and Luxembourg could be among the best performers, the European Central Bank said in a fresh study on Tuesday....

476. Who benefits from the proposed rent-to-mortgage scheme?

https://knews.kathimerini.com.cy/en/business/who-benefits-from-the-proposed-rent-to-mortgage-scheme

The "Rent vs Instalment Scheme", now known as the "mortgage to rent" scheme, is nearing completion, with implementation set to begin in January 2023. ...

477. 400-500 Hellenic employees to be made redundant

https://knews.kathimerini.com.cy/en/business/400-500-hellenic-employees-to-be-made-redundant

On Monday, November 24th, 400–500 voluntary employees will depart Hellenic Launches; this will be the final shift provided by the bank....

478. Finance Minister calls for the repeal of foreclosure suspension

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-the-repeal-of-foreclosure-suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

479. Looking for a strategy to suspend foreclosure sales

https://knews.kathimerini.com.cy/en/business/looking-for-a-strategy-to-suspend-foreclosure-sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

480. FT: Former PWC Cyprus accountants take on company's Russian clients

https://knews.kathimerini.com.cy/en/news/ft-former-pwc-cyprus-accountants-take-on-company-s-russian-clients

A group of PwC partners has launched a breakaway firm in Cyprus to take on work from Russia-linked clients that the Big Four accountants will no longer touch....

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