https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-wins-two-high-profile-awards-in-euromoney-s-private-banking-awards-2026-for-the-second-consecutive-year
Bank of Cyprus has been named the Best Private Bank in Cyprus and the Best for High-Net-Worth (HNW) individuals in Cyprus by Euromoney in its Private Banking Awards 2026 after winning these awards in 2025....
https://knews.kathimerini.com.cy/en/news/ey-cyprus-announces-the-appointment-of-antonis-rouvas-as-a-new-partner
EY Cyprus is pleased to announce that it is strengthening its Consulting Services with the addition of Antonis Rouvas, who joins the firm as a partner, bringing a wealth of experience in the banking, insurance and funds sectors and in the areas of financial risk management and regulatory matters....
https://knews.kathimerini.com.cy/en/news/cyprus-named-in-three-separate-non-compliance-actions-by-european-commission
The European Commission on Friday stepped up pressure on Cyprus and a group of EU member states, launching a series of infringement procedures over delays in implementing key legislation spanning financial transparency, banking regulation and criminal justice cooperation...
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move
Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....
https://knews.kathimerini.com.cy/en/news/fake-gesy-message-costs-victim-over-€10-000-in-new-online-scam
Police in Limassol are investigating a new case of online fraud after scammers posing as representatives of Cyprus’ General Health System (GESY) allegedly tricked a man into handing over his banking details, resulting in losses of more than €10,000....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-fined-€160-000-over-unfair-mortgage-loan-clauses
Cyprus’ Consumer Protection Service (CPS) has imposed a €160,000 administrative fine on Alpha Bank Cyprus Ltd after determining that certain clauses in its mortgage loan agreements with consumers were unfair and insufficiently transparent....
https://knews.kathimerini.com.cy/en/news/ai-diagnosed-the-patient-before-doctors-did-and-cyprus-may-be-next
Inside the Landmark Hotel last week, conversations about healthcare sounded less like policy debates and more like glimpses into the future....
https://knews.kathimerini.com.cy/en/business/eurobank-rolls-out-voluntary-exit-plan-for-up-to-300-employees
Eurobank has announced a new voluntary exit plan aimed at reducing its workforce across the entire group, including employees from its insurance subsidiaries....
https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/news/fake-cyprus-police-viber-calls-used-to-trick-victims
The Cyprus Police have issued a public warning about a new wave of fraud carried out through the messaging app Viber, where criminals are pretending to be police officers in order to steal personal and financial information....
https://knews.kathimerini.com.cy/en/business/digital-euro-could-cut-costs-for-cyprus-smes-says-ecb-executive-board-member
ECB Executive Board member Piero Cipollone said the planned digital euro could bring major advantages for Cyprus, particularly for small and medium-sized businesses that currently face high fees when accepting card payments through international schemes....
https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-$1-7-billion-in-revenue-for-9-months-of-fy2026
Freedom Holding Corp., the parent company of Freedom24, has announced its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025. For the third quarter and nine-month period ended December 31, 2025, Freedom Holding Corp. delivered resilient operating results across its diversified financial services businesses....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/eu-infringement-package-flags-cyprus-for-delays-across-food-finance-and-energy-rules
The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....
https://knews.kathimerini.com.cy/en/news/bank-of-new-york-awarded-bank-of-cyprus-the-stp-award-2025
Bank of New York has awarded Bank of Cyprus with the “STP AWARD 2025”, for a fourth consecutive year, in recognition of the high-quality procedures the Bank follows in the area of fund transfers via the SWIFT system....
https://knews.kathimerini.com.cy/en/news/applying-for-a-travel-visa-could-drain-your-bank-account
Police are alerting the public to a newly identified online scam targeting people applying for travel visas to foreign countries, after reports that fraudsters are stealing money through counterfeit application websites....
https://knews.kathimerini.com.cy/en/news/one-seat-two-finalists-for-europe-s-top-bank-job
A Cypriot and a Frenchman are going head-to-head for one of Europe’s most powerful banking jobs: the presidency of the European Banking Authority (EBA)....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-break-deep-russian-ties
Cyprus’ top diplomat has acknowledged that the island had long-standing ties with Russia but said the government has taken decisive action to dismantle those links following Russia’s full-scale invasion of Ukraine. ...
https://knews.kathimerini.com.cy/en/news/phone-scam-in-athens-used-equipment-hidden-in-car-trunk
A sophisticated phone scam that netted hundreds of euros from unsuspecting victims in Athens is a reminder that anyone, anywhere, could fall prey to cyber trickery, Cyprus included. ...
https://knews.kathimerini.com.cy/en/news/cyprus–india-event-highlights-the-role-of-artificial-intelligence-in-driving-innovation-and-growth
PwC Cyprus as part of the Cyprus–India AI Impact Pre-Summit, hosted the event “Driving Innovation and Growth”, on Wednesday 14 January, at the PwC Experience Center....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-appoints-marios-hadjikyriacou-as-chief-executive-officer
Ancoria Bank announces the appointment of Mr. Marios Hadjikyriacou to the position of Chief Executive Officer....
https://knews.kathimerini.com.cy/en/business/european-banking-chiefs-holding-high-level-talks-in-cyprus
Leaders from the European Banking Federation (EBF) are visiting Cyprus today and tomorrow (Jan. 13 and 14) for a series of high-level meetings with government officials and local financial regulators....
https://knews.kathimerini.com.cy/en/news/eurolife-awarded-as-the-best-life-insurance-company-for-2025
The strong value that Eurolife offers its customers through its reliability, trust, and innovation has established Eurolife as the Best Life Insurance Company in Cyprus at the 2025 World Finance Insurance Awards, for the fifth consecutive year....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/comment/opinion/from-money-haircuts-to-power-haircuts
What has stayed with me most from Cyprus’ first term holding the Presidency of the EU Council, back in 2012, is the issuance of the Council Conclusions, the unanimous decisions that called for approval of the infamous EU directive on “banking resolution and recovery.” ...
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
