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12° Nicosia,
20 June, 2024
 

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Displaying results 151-180 of 1865 matches for query bank.

151. Spain to recognize Palestinian territories as state by July

https://knews.kathimerini.com.cy/en/news/spain-to-recognize-palestinian-territories-as-state-by-july

Spanish Prime Minister Pedro Sanchez announced today that Spain is set to recognize the Palestinian territories as a state by July. The declaration came during his Middle East tour, according to reports from Spanish press agencies....

152. Cyprus Central Bank holds 1% buffer rate to safeguard banks

https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-holds-1-buffer-rate-to-safeguard-banks

The Central Bank of Cyprus (CBC) has maintained the countercyclical buffer (CCyB) rate to be observed by commercial banks at 1%, with effect as of June 2, 2024....

153. Banks' February deposits rise by €65.4 million

https://knews.kathimerini.com.cy/en/news/banks-february-deposits-rise-by-€65-4-million

Total deposits in February recorded a significant net increase by €65.4 million following a decrease of €366.0 million in the previous month......

154. KEDIPES pays state €140M in largest quarterly sum yet

https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet

In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...

155. Russian oil payments delayed amid sanctions scrutiny

https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny

Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....

156. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

157. Cyprus economy holds steady amid challenges

https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges

Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...

158. Ideal real estate investment opportunities for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/1-ideal-real-estate-investment-opportunities-for-sale-by-astrobank

AstroBank is selling a commercial plot in the centre of Nicosia and other properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta and Paphos....

159. Europe's ambitious plan to reignite economic engines

https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

160. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

161. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

162. March Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

https://knews.kathimerini.com.cy/en/business/1-march-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...

163. QuickPay: Ask for the bill and share it with your friends

https://knews.kathimerini.com.cy/en/business/quickpay-ask-for-the-bill-and-share-it-with-your-friends

QuickPay is constantly evolving and becoming even easier to use as it adapts to the daily needs and wants of existing and new Bank of Cyprus customers....

164. Who will lead Cyprus' Central Bank?

https://knews.kathimerini.com.cy/en/news/who-will-lead-cyprus-central-bank

An intense behind-the-scenes battle is unfolding regarding the future of Cyprus' central banker as the term of the current governor, Constantinos Herodotos, draws to a close in less than 20 days....

165. NY Attorney General moves to seize Trump's assets

https://knews.kathimerini.com.cy/en/news/ny-attorney-general-moves-to-seize-trump-s-assets

In a significant legal maneuver, the office of New York Attorney General Letitia James has taken steps to file judgments against former President Donald Trump in Westchester County, N.Y....

166. February's financial flaws expose 16 bad checks, €19,388 lost

https://knews.kathimerini.com.cy/en/news/february-s-financial-flaws-expose-16-bad-checks-€19-388-lost

In February 2024, a total of 16 bad cheques, amounting to €19,388, were issued, with 9 individuals (7 legal entities and 2 individuals) being listed in the preliminary registry of the Central Information Register (CIR) for dishonoured cheques....

167. Man held for alleged dining and dashing

https://knews.kathimerini.com.cy/en/news/man-held-for-alleged-dining-and-dashing

Police in Paphos have apprehended a 27-year-old man as part of an ongoing investigation into allegations of securing credit by false representations. The arrest stems from an incident where the suspect purportedly failed to settle a bill at a local restaurant....

168. Lather, rinse, repeat

https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat

Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....

169. Cyprus embraces global investment with its bond market debut

https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut

In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....

170. What are they afraid of?

https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of

Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....

171. Residential and agricultural land for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/2-residential-and-agricultural-land-for-sale-by-astrobank

AstroBank has listed for sale large plots of residential and agricultural land in Larnaca, Limassol, and Paphos....

172. Greek and Cypriot banks forge partnerships for regional infrastructure projects

https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects

The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....

173. KEDIPES successfully sells €58.4M portfolio to reduce debt

https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt

The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....

174. Limassol bust unveils alleged money laundering operation

https://knews.kathimerini.com.cy/en/news/limassol-bust-unveils-alleged-money-laundering-operation

In a targeted operation, Limassol's Organized Crime Unit (OPE) swooped in on a suspected money laundering operation, resulting in multiple arrests and the seizure of significant sums of cash....

175. Eurobank expands to India via Cyprus

https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus

Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...

176. The Green Agenda Cyprus Summit on May 20th

https://knews.kathimerini.com.cy/en/news/the-green-agenda-cyprus-summit-on-may-20th

Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....

177. House, commercial, and residential land for sale by AstroBank

https://knews.kathimerini.com.cy/en/business/house-commercial-and-residential-land-for-sale-by-astrobank

AstroBank has listed for sale a house in Strovolos, and commercial and residential land in Nicosia, Famagusta, and Paphos....

178. Iconic cosmetics brand shuts down US operations

https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations

The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....

179. Cyprus praises EU financial plan for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-praises-eu-financial-plan-for-2025

The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister for Finance Makis Keravnos said in Brussels, where he was attending the meeting of the Eurogroup on Monday....

180. Eurobank eyes support for internet cable connecting Europe and Asia

https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia

Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....

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