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01 November, 2024
 

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Displaying results 481-510 of 835 matches for query Banks.

481. Bounced checks totaling €47,010 were issued in October

https://knews.kathimerini.com.cy/en/business/bounced-checks-totaling-€47-010-were-issued-in-october

In October 2022, only 32 bounced checks totaling €47,010 were issued, and a total of 20 people were listed on the preliminary list of the Central Information Register (CIR) for bounced checks maintained by the Central Bank of Cyprus (CBC). Thirteen of the twenty were natural persons, and seven were legal entities....

482. Loans are increasing as interest rates rise

https://knews.kathimerini.com.cy/en/business/loans-are-increasing-as-interest-rates-rise

New loans provided by Cypriot banks rose by €217 million in September compared with August, driven mainly upwards by corporate loans over €1 million which rose by 127.6 million....

483. People with a history of cancer will be eligible for insurance benefits

https://knews.kathimerini.com.cy/en/news/people-with-a-history-of-cancer-will-be-eligible-for-insurance-benefits

Following an agreement reached on Thursday afternoon and announced by Health Minister Michael Hadjipantelas, people with a history of cancer will now be able to receive benefits from insurance companies as of January 1, 2023....

484. ECB raises interest rates by 0.75%.

https://knews.kathimerini.com.cy/en/business/ecb-raises-interest-rates-by-0-75

The European Central Bank recently decided to raise interest rates by 0.75%. This is the third consecutive increase (a 2% increase overall), and the base rate will now be 2%. The interest rate at which banks accept deposits has risen from 0.75% to 1.5%....

485. Cyprus has come a long way in restoring reputation over anti-money laundering issues

https://knews.kathimerini.com.cy/en/business/cyprus-has-come-a-long-way-in-restoring-reputation-over-anti-money-laundering-issues

The Republic of Cyprus has come a long way in dealing with anti-corruption and Anti-money laundering (AML) issues, making important strides in restoring the Republic of Cyprus’ reputation, said US Ambassador to Cyprus, Judith Garber speaking on Tuesday at EY’s Cyprus Attractiveness Forum....

486. Bank deposits climb to a nine-year high

https://knews.kathimerini.com.cy/en/news/bank-deposits-climb-to-a-nine-year-high

Deposits in the Cypriot banking system climbed to a nine-year high in September, while total loans continued their downward path, declining in a five-month low, boosting liquidity in the system to over €23 billion....

487. Greece, Turkey at it again over shocking refugee photo

https://knews.kathimerini.com.cy/en/news/greece-turkey-at-it-again-over-buck-naked-refugees

A shocking image of fully naked refugees picked up by Greek police has puzzled officials and the media, with Athens pointing the finger at Turkish authorities and Ankara firing back accusing Greece of covering up human rights violations...

488. Cyprus is bursting, like a fat guy out of his leotard

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-cyprus-is-bursting-like-a-fat-guy-out-of-his-leotard

Cyprus’ changing demographics are causing havoc to the real estate market, accentuating socio-economic imbalances and creating polarised communities. A bit dramatic? Let’s see....

489. Banking sector to cut 600 more employees

https://knews.kathimerini.com.cy/en/news/banking-sector-to-cut-600-more-employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

490. The ECB's next steps were documented in Limassol

https://knews.kathimerini.com.cy/en/business/the-ecb-s-next-steps-were-documented-in-limassol

The two-day conference of Central Bank Governors in Limassol is a strong contender to serve as the foundation for decisions on monetary policy and inflation strategy to be made in the coming period. ...

491. How much loan can a couple with an income of €2,000 get?

https://knews.kathimerini.com.cy/en/news/how-much-loan-can-a-couple-with-an-income-of-€2-000-get

Housing loans are an issue that inevitably affects a large number of young couples. Because housing prices have skyrocketed while wages have remained stagnant, the need for housing leads to borrowing....

492. The future of the banking sector is digital, green and social

https://knews.kathimerini.com.cy/en/news/the-future-of-the-banking-sector-is-digital-green-and-social

The future of the banking sector is digital, green and social, said the participants at the 3rd online FMW Conference, titled "Banking System: New Challenges and Opportunities". The Conference also highlighted the contrast between trying to tame inflation by raising interest rates and supporting vulnerable groups to avoid social unrest....

493. The heart of the ECB beats in Cyprus

https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus

The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....

494. Loan interest rates rise for a second consecutive month

https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month

Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....

495. New loans drop in August for the second month in a row

https://knews.kathimerini.com.cy/en/news/new-loans-drop-in-august-for-the-second-month-in-a-row

Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....

496. Investigating Russian remittances to Mount Athos

https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos

The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....

497. Finance Minister calls for prudency to safeguard economy

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

498. Cypriot businesses face serious issues, but still expect to turn a profit

https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit

What are the main problems for Cypriot businesses (table) ...

499. September Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority

https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

500. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

https://knews.kathimerini.com.cy/en/business/ecommbx-opens-new-horizons-enabled-by-its-new-banking-agreement-with-citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

501. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

502. Erdogan convenes meeting to discuss sanctions on Russia in possible turnaround

https://knews.kathimerini.com.cy/en/news/erdogan-convenes-meeting-to-discuss-sanctions-on-russia-in-possible-turnaround

Turkish President Tayyip Erdogan will convene a top-tier economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters....

503. A cat has nine lives. So does the Cyprus property market.

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

504. Two Turkish banks suspend Russian Mir payments after U.S. sanctions

https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions

Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....

505. Profits of €55.4 million in first half of 2022 for Hellenic Bank

https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....

506. FT: The Bank of Cyprus/Lone Star deal is not just about price

https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

507. Western retaliation against Ankara

https://knews.kathimerini.com.cy/en/news/western-retaliation-against-ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

508. Woman forcibly takes savings from Beirut bank using toy gun (video)

https://knews.kathimerini.com.cy/en/news/woman-forcibly-takes-savings-from-beirut-bank-using-toy-gun

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....

509. Rejected Estia applications to be re-examined upon appeal

https://knews.kathimerini.com.cy/en/news/rejected-estia-applications-to-be-re-examined-upon-appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

510. Major banks across Europe turning off hot water and preparing diesel generators

https://knews.kathimerini.com.cy/en/news/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators

Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....

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