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91. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

92. Google to participate as supporter and speaker at Digital Agenda Cyprus Summit 2024

The organizing committee of the Digital Agenda Cyprus Summit is pleased to announce Google's participation as an official supporter of the 2024 summit. Enrico Ciampini, a senior executive at Google Europe based in Milan...

93. Cyprus banks hike mortgage rates as new loans drop by a third in August

Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....

94. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a large tourist plot of land and other residential, commercial and rural properties in Limassol, Nicosia, Larnaca, Famagusta and Paphos....

95. Oil prices surge 4% after Iran fires missiles at Israel

Oil prices surged nearly 4% on Tuesday following Iran's ballistic missile attacks on Israel, launched in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon....

96. Iran fires missiles at Israel, escalating tensions in the region

Iran launched a wave of missiles at Israel on Tuesday evening, dramatically increasing tensions in the already unstable Middle East. The attack, which saw around 180 missiles fired, sent millions of Israelis scrambling to bomb shelters and heightened fears of an all-out war between Israel and Iran....

97. Cyprus' credit rating upgraded due to strong economy and lower debt

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....

98. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

99. Cyprus banks have €28.7 billion in cash and liquidity

The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....

100. Robbie Stamp to Speak at Digital Agenda Cyprus Summit 2024

Robbie Stamp, renowned for his work as executive producer of The Hitchhiker’s Guide to the Galaxy film, will be a key speaker at the Digital Agenda Cyprus Summit 2024....

101. Real estate investment opportunities by AstroBank

AstroBank has listed for sale two apartment blocks and other residential and agricultural properties in Nicosia Paphos, and Famagusta....

102. Tighter lending rules for businesses while household loans remain steady

Cypriot banks made it harder for businesses to get loans in the second quarter of 2024, while lending rules for households stayed the same, according to a new survey by the Central Bank of Cyprus (CBC)....

103. Bank of Cyprus shares surge 4.6% on first day back in Athens

Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....

104. BOC shares open at €4.78 on Athens exchange post-London exit

The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE). ...

105. Cypriot loan servicers struggle as red loans hit €21.2B

While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...

106. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

107. Cyprus backs UN call for Israel to end occupation in Palestine

According to a report by Kathimerini's Christos Bouris, Cyprus has supported a United Nations resolution urging Israel to end its occupation of Palestinian territories within a year....

108. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

109. Andreas Petsas named new CEO of Eurobank Cyprus

Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....

110. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

111. Michalis Louis appointed CEO of Hellenic Bank

Michalis Louis has been appointed as the new Chief Executive Officer of Hellenic Bank Public Company Limited at the Annual General Meeting of the Shareholders of the Bank, with immediate effect, according to a decision taken by the Board of Directors of the bank......

112. Hellenic Bank boosts first-time buyers with reduced rates

Hellenic Bank has introduced a new scheme offering reduced interest rates for first-time homebuyers....

113. Jason Bevan to Speak at Digital Agenda Cyprus Summit 2024

We are excited to announce that Jason Bevan, Vice President of Creative for Europe at Time Warner, will join us as a keynote speaker at the Digital Agenda Cyprus Summit 2024....

114. Luxury properties, residential parcels, for sale by AstroBank

AstroBank has listed for sale large houses, residential parcels of land in Nicosia and Paphos, as well as a commercial building in Nicosia with all the amenities....

115. Fitch upgrades Hellenic Bank's rating

Fitch Ratings has raised Hellenic Bank’s (HB) support rating from ‘bb-’ to ‘bb’, thanks to a similar boost for Eurobank S.A., which owns a majority stake in HB. This change reflects Eurobank’s growing role and influence over HB....

116. Homebuyers face mounting debts as developers' loans go unpaid

117. Best-Selling Author Calum Chace to Speak at Digital Agenda Cyprus Summit 2024

Calum Chace is a leading voice on artificial intelligence, focusing on its impact on society, economies, and our everyday lives. His work explores both the medium and long-term implications of AI. ...

118. Bank of Cyprus moves from London to Athens stock exchange in major shift

In a series of significant moves, Cyprus's banking sector is undergoing notable changes this autumn....

119. Bank of Cyprus to re-list on Athens exchange after seven years

The Bank of Cyprus will re-list on the Athens Stock Exchange (ASE) after a seven-year absence, following the approval of two resolutions by shareholders at an Extraordinary General Meeting on September 13, 2024. ...

120. Bank of Cyprus reduces loan rates to 3.65% amid ECB policy shift

The Bank of Cyprus is lowering the reference interest rate on loans linked to the European Central Bank’s (ECB) base rate, effective Sept. 18, 2024....