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901. Banks to prioritize elderly and disabled clients

Starting from next Monday, September 25th, bank branches in Cyprus will be introducing a new priority service policy aimed at benefiting individuals with disabilities and those aged 75 and above, as announced by the Association of Banks of Cyprus....

902. €369 million EIB loan for smart investments

The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...

903. Musk's Neuralink calling for human test subjects

Elon Musk’s controversial biotechnology startup Neuralink opened up recruitment for its first human clinical trial Tuesday, according to a company blog....

904. Consulco’s London Credit Fund; Existing & New Investment Opportunities

905. Liquidity cover hits 318% in banking

Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....

906. Houses and agricultural plots for sale by AstroBank

907. Bank refunds $500,000 to elderly customer

From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets. ...

908. Beware of tax scam emails impersonating the Ministry of Finance

The Tax Department is warning people about an unsolicited email that looks like it's from the Ministry of Finance. This email is trying to get your personal information and bank details by pretending to offer a tax refund....

909. Borrowers in a high-stakes game of loan roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

910. US plane brings captives back home

The plane carrying five American citizens freed as part of a deal between the U.S. and Iran have now landed back home in the United States....

911. Supreme court frees billions in assets

The Supreme Court unanimously overturns Laiki Bank's secured decrees, releasing billions in assets belonging to Andreas Vgenopoulos, Marfin Investments Group Holdings S.A, Efthimios Buloutas, and Kyriakos Cook....

912. 135% debt reduction sparks hope for economy

According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...

913. SSM chief urges banks to be prudent amidst soaring profits

The Chairman of the Single Supervisory Mechanism (SSM), Andrea Enria, has emphasized that the gains from high interest rates for banks will eventually come to an end....

914. World-famous artist Botero breathes his last at 91

Fernando Botero, the Colombian whose voluptuous pictures and sculptures of overstuffed generals, bishops, prostitutes, housewives and other products of his whimsical imagination made him one of the world’s best-known artists, died Friday in Monaco. He was 91....

915. Rising prostate cancer cases in Cyprus sound alarm bells for men's health

New data reveals a concerning increase in prostate cancer cases in Cyprus, with 656 cases detected in 2020, compared to 550 in 2019. Prostate cancer is the most prevalent form of cancer among European men, a...

916. AKEL blasts government amid rising bank profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

917. ECB raises rates for the 10th time as it tries to quell inflation

The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....

918. Cypriot bonds dive as ECB battles inflation surge

The value of Cypriot bonds held by the Eurosystem has dipped below €7 billion as the European Central Bank takes measures to combat inflation. ...

919. Saudi Arabia stresses Palestinian resolution in potential Israel peace deal

Saudi Arabia has let the Biden administration know that resolving Palestinian issues is critical for any normalization deal with Israel, US Secretary of State Antony Blinken said on Wednesday....

920. EU passes borrower protection law: Your rights when borrowing money

The European Parliament (EP) has voted on rules to keep people safe when they borrow money for things like credit cards or loans....

921. CBC governor joins EU leaders in Frankfurt

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, is in Frankfurt, Germany, to participate in the meeting of the Governing Council of the European Central Bank (ECB)....

922. Court upholds 2013 resolution measures for Laiki Bank

The court rejected another lawsuit related to the 2013 deposit problem....

923. Real estate prices surge by 7.7%

The prices in the Cyprus real estate market have been going up in recent years....

924. Government cuts interest income rates from 30% to 17%

The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors. ...

925. Is Cyprus banking sector heading for a shake-up?

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

926. Over 10,000 reported dead in Libya floods

Libya’s eastern city of Derna has buried 700 people killed in devastating flooding and 10,000 were reported missing as rescuers teams struggled to retrieve many more bodies from the horrific deluge, officials said Tuesday....

927. Cyprus records 36 bounced cheques totaling €78,108 in August

A total of 36 bounced cheques, worth €78,108, were issued in August 2023, with 23 persons (7 legal entities and 16 natural persons) registered in the preliminary list of the Central Information Register for the Issuers of Dishonoured Cheques (CIR), maintained by the Central Bank of Cyprus (CBC)....

928. More than 30 shots fired at Limassol bank

Police investigators from the CID are closely examining closed-circuit television (CCTV) footage related to a shooting incident that occurred in the early hours of Monday morning at a Bank of Cyprus branch on Agia Fylaxeos Street....

929. Altia transforms the real estate market through property management technology services developed by Prosperty and Robura

Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...

930. Techisland powers up Digital Agenda Cyprus Summit

The Digital Agenda Cyprus Summit is delighted to announce its collaboration with "Techisland" as the primary sponsor of the "Alpha Stage" platform, whose objective is to promote startups in Cyprus and the wider region....