https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool
Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech
The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....
https://knews.kathimerini.com.cy/en/news/october-newsletter-of-k-treppides-co-ltd-–-10-10-2025
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....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/business/race-heats-up-for-cyprus-banking-association-s-top-job
After two decades at the helm, Michalis Kammas will step down as general manager of the Cyprus Banking Association by the end of the year, opening the door for a new face to lead the country’s powerful banking lobby....
https://knews.kathimerini.com.cy/en/news/wellington-fund-boosts-stake-in-bank-of-cyprus-becomes-third-largest-shareholder
The investment fund Wellington has increased its stake in the Bank of Cyprus to 5.87%, up from 3.99%, officially becoming the third-largest shareholder in the country’s largest bank....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/business/3-years-of-purpose-communications-when-communication-becomes-inspiration
Three years ago, Purpose Communications was founded on a bold idea: to create an agency that blends strategy and creativity with integrity and measurable impact. ...
https://knews.kathimerini.com.cy/en/business/september-1-to-mark-historic-merger-of-hellenic-bank-and-eurobank-cyprus
On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greek-banks-on-a-winning-streak
Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....
https://knews.kathimerini.com.cy/en/news/cyprus-news-roundup-fires-finance-and-fiery-wage-demands
From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....
https://knews.kathimerini.com.cy/en/business/july-newsletter-of-k-treppides-co-ltd-–-25-07-2025
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....
https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank
Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-commission-targets-cyprus-and-others-countries-in-broad-legal-crackdown
The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....
https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025
The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-celebrating-international-investment-and-the-momentum-it-brings-at-the-13th-invest-cyprus-international-investment-awards
The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....
https://knews.kathimerini.com.cy/en/business/june-newsletter-of-k-treppides-co-ltd-–-26-06-2025
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....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/news/phedon-phedonos-sounds-the-alarm-drugs-in-schools-fake-degrees-on-the-rise
In a fiery new round of revelations, Paphos Mayor Phaidonas Faidonos has raised the alarm over what he says is rampant drug trafficking in Cyprus’ schools and an emerging academic scandal he calls the new ''Golden Degrees.''...