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12° Nicosia,
20 January, 2022
 

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Displaying results 1-30 of 204 matches for query Loans.

1. EY presents Cyprus Tax Facts 2022 guide

https://knews.kathimerini.com.cy/en/business/ey-presents-cyprus-tax-facts-2022-guide

EY Cyprus is pleased to share the latest Cyprus Tax Facts guide – in English – which provides a straight-forward, holistic summary of the Cyprus tax system, based on current legislation and tax practices, in relation to the fiscal year 2022....

2. 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)....

3. 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....

4. 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....

5. 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....

6. Financial turmoil hits Turkish Cypriots

https://knews.kathimerini.com.cy/en/news/financial-turmoil-hits-turkish-cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

7. 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....

8. 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. ...

9. 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....

10. Rise in consumer loans and housing purchase in September

https://knews.kathimerini.com.cy/en/news/rise-in-consumer-loans-and-housing-purchase-in-september

New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year,...

11. John Christoudoulou's response to the article regarding UK government support schemes

https://knews.kathimerini.com.cy/en/news/john-christoudoulou-s-response-to-the-article-regarding-uk-government-support-schemes

On the 25th of October 2021 the digital edition of Kathimerini on www.kathimerini.com.cy published an article with the title "John Christodoulou: The billionaire that received state support" (the “Publication”)...

12. 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"...

13. Thousands of property assets in Greece are up for auction

https://knews.kathimerini.com.cy/en/business/thousands-of-property-assets-in-greece-are-up-for-auction

The Greek property market is about to welcome a host of new offerings as the companies that manage loans secured on properties either for banks or the funds that have acquired them are resuming online auctions in large numbers....

14. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-renewed-european-finance-strategy-and-implementation-of-the-action-plan-on-financing-sustainable-growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

15. Hellenic posts 21 million euro profit

https://knews.kathimerini.com.cy/en/business/hellenic-posts-21-million-euro-profit

Hellenic Bank posted after-tax profits of €21 million for the first half of 2021....

16. Southern European banks set for climate hit

https://knews.kathimerini.com.cy/en/business/southern-european-banks-set-for-climate-hit

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires,...

17. Another 85 million by February if Cyprus meets deadline of key reforms

https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

18. Cyprus receives 157 million for Recovery and Resilience Plan

https://knews.kathimerini.com.cy/en/news/cyprus-receives-157-million-for-recovery-and-resilience-plan

The European Commission today has disbursed €157 million to Cyprus to help kick-start reforms and investments....

19. Cyprus awaits endorsement during Ursula visit

https://knews.kathimerini.com.cy/en/news/cyprus-awaits-rrp-endorsement-during-ursula-visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

20. ECB tells Cyprus lawmakers to get it right

https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

21. Cyprus hurries to clean up company registry

https://knews.kathimerini.com.cy/en/news/cyprus-hurries-to-clean-up-company-registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

22. IMF: Withdrawal of support measures should be gradual

https://knews.kathimerini.com.cy/en/news/imf-withdrawal-of-support-measures-should-be-gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

23. Reported House website hack was false alarm

https://knews.kathimerini.com.cy/en/news/reported-house-website-hack-was-false-alarm

The website of the House of Representatives in the Republic of Cyprus suffered a technical glitch on Monday, the innovation commissioner says, following reports in Greek Cypriot media that a foreign hacker had targeted the website...

24. Turkish hacker targets Cyprus Parliament website

https://knews.kathimerini.com.cy/en/news/turkish-hacker-targets-cyprus-parliament-website

The Cyprus Parliament’s website was on Monday facing attacks by a Turkish hacker, an announcement by the House of Representatives said....

25. Cabinet approves €250m supplementary pandemic budget

https://knews.kathimerini.com.cy/en/news/cabinet-approves-€250m-supplementary-pandemic-budget

The Cabinet on Wednesday approved a supplementary budget of €250 million to cover needs arising from the handling of the pandemic. ...

26. Vaccinations 'main economic tool' in managing Covid crisis

https://knews.kathimerini.com.cy/en/news/vaccinations-the-main-economic-tool-in-managing-covid-crisis

Vaccinations have turned into the main economic tool for the management of the coronavirus crisis and the prospects for recovery, Minister of Finance Constantinos Petrides said, stating that he foresees a strong recovery in 2021 ranging from 3.5% to 4.5% of GDP, depending on the development of the pandemic....

27. Property valuations and uncertainty clauses

https://knews.kathimerini.com.cy/en/comment/opinion/property-valuations-and-uncertainty-clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

28. House Speaker says Parliament must 'raise its standards'

https://knews.kathimerini.com.cy/en/news/house-speaker-says-parliament-must-raise-its-standards

House Speaker Adamos Adamou said that Parliament has an obligation to raise its standards and improve its image to the public, who are turning away from politics and politicians and especially Parliament....

29. Anastasiades takes the stand in passports probe

https://knews.kathimerini.com.cy/en/news/anastasiades-takes-the-stand-in-passports-probe

Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, President Nicos Anastasiades said on Tuesday, following a 3-hour-long testimony before the investigative committee probing Cyprus’ nixed citizenship-by-investment scheme....

30. MPs approve publication of PEP bad loans list

https://knews.kathimerini.com.cy/en/news/mps-approve-publication-of-pep-bad-loans-list

Parliament on Thursday approved the publication of the list of politically exposed persons (PEP) with non-performing loans, known as the Yiorkadji list....

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