CLOSE
Loading...
12° Nicosia,
06 October, 2022
 

Search

Displaying results 1-30 of 343 matches for query banks.

1. The heart of the ECB beats in Cyprus

https://knews.kathimerini.com.cy/en/business/the-heart-of-the-ecb-beats-in-cyprus

The second consecutive visit of European Central Bank President Christine Lagarde in 2022 is certainly semantic. Apart from the visibility of Cyprus being the first visit by Central Bank Governors as part of the decision to visit a country on an annual basis to hold one of their meetings, two other readings emerge....

2. Loan interest rates rise for a second consecutive month

https://knews.kathimerini.com.cy/en/business/loan-interest-rates-rise-for-a-second-consecutive-month

Lending interest rates in Cyprus rose for a second consecutive month in August, with credit institutions pricing rate hikes by the European Central Bank and increased credit risk due to uncertainty and inflation pressures fuelled by the war in Ukraine....

3. New loans drop in August for the second month in a row

https://knews.kathimerini.com.cy/en/news/new-loans-drop-in-august-for-the-second-month-in-a-row

Net new lending granted by Cyprus Banks fell in August by €182.3 million, recording a decrease for the second month in a row....

4. Investigating Russian remittances to Mount Athos

https://knews.kathimerini.com.cy/en/news/investigating-russian-remittances-to-mount-athos

The Money Laundering Authority is investigating suspicious money transfers from abroad to the individual accounts of monks on Mount Athos....

5. Finance Minister calls for prudency to safeguard economy

https://knews.kathimerini.com.cy/en/news/finance-minister-calls-for-prudency-to-safeguard-economy

Cypriot Minister of Finance Constantinos Petrides, stressed on Wednesday evening the need to be “even more careful” with the fiscal discipline in the new challenging era, while Central Bank Governor Constantinos Herodotou referred to the risk of new NPLs due to the challenging economic conditions....

6. Cypriot businesses face serious issues, but still expect to turn a profit

https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit

What are the main problems for Cypriot businesses (table) ...

7. September Newsletter of K. Treppides & Co Ltd: European Securities and Markets Authority

https://knews.kathimerini.com.cy/en/business/september-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

8. ECOMMBX opens new horizons enabled by its new banking agreement with Citi

https://knews.kathimerini.com.cy/en/business/ecommbx-opens-new-horizons-enabled-by-its-new-banking-agreement-with-citi

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank. This new collaboration delivers a range of benefits for both ECOMMBX as well as Cyprus, as a jurisdiction....

9. Ask WiRE Index: Apartments lead the way in sale and rent price hikes in Q2

https://knews.kathimerini.com.cy/en/news/ask-wire-index-apartments-lead-the-way-in-sale-and-rent-price-hikes-in-q2

Ask WiRE, a company combining real estate know-how with technology has published its Q2 2022 edition of the Ask WiRE Index for property sale and rental values. The Ask WiRE Index covers all districts and main property types, with values from Q4 2009....

10. Erdogan convenes meeting to discuss sanctions on Russia in possible turnaround

https://knews.kathimerini.com.cy/en/news/erdogan-convenes-meeting-to-discuss-sanctions-on-russia-in-possible-turnaround

Turkish President Tayyip Erdogan will convene a top-tier economy-focused meeting on Friday at which Russian payment system Mir and possible Western sanctions will be discussed, two sources with information on the matter told Reuters....

11. Op-ed: A cat has nine lives. So does the Cyprus property market.

https://knews.kathimerini.com.cy/en/news/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....

12. Two Turkish banks suspend Russian Mir payments after U.S. sanctions

https://knews.kathimerini.com.cy/en/news/two-turkish-banks-suspend-russian-mir-payments-after-u-s-sanctions

Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....

13. Profits of €55.4 million in first half of 2022 for Hellenic Bank

https://knews.kathimerini.com.cy/en/business/profits-of-€55-4-million-in-first-half-of-2022-for-hellenic-bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....

14. FT: The Bank of Cyprus/Lone Star deal is not just about price

https://knews.kathimerini.com.cy/en/news/ft-the-bank-of-cyprus-lone-star-deal-is-not-just-about-price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

15. Western retaliation against Ankara

https://knews.kathimerini.com.cy/en/news/western-retaliation-against-ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

16. Woman forcibly takes savings from Beirut bank using toy gun (video)

https://knews.kathimerini.com.cy/en/news/woman-forcibly-takes-savings-from-beirut-bank-using-toy-gun

A woman accompanied by activists and brandishing what she said was a toy pistol broke into a Beirut bank branch on Wednesday, taking $13,000 from her trapped savings....

17. Rejected Estia applications to be re-examined upon appeal

https://knews.kathimerini.com.cy/en/news/rejected-estia-applications-to-be-re-examined-upon-appeal

The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March....

18. Major banks across Europe turning off hot water and preparing diesel generators

https://knews.kathimerini.com.cy/en/news/major-banks-across-europe-turning-off-hot-water-and-preparing-diesel-generators

Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....

19. US-based Lone Star to revise offer for Bank Of Cyprus

https://knews.kathimerini.com.cy/en/business/us-based-lone-star-to-revise-offer-for-bank-of-cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

20. Banks imposing stricter lending standards

https://knews.kathimerini.com.cy/en/business/banks-imposing-stricter-lending-standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....

21. Euro-dollar exchange falls to a 20-year low

https://knews.kathimerini.com.cy/en/business/euro-dollar-exchange-falls-to-a-20-year-low

The escalation of the energy crisis with Moscow's aggressive, albeit predictable, decision to close the Nord Stream 1 pipeline indefinitely has led to a new fall in the euro, this time below 99 cents on the dollar....

22. Bank of Cyprus announces €50m net profit in first half of 2022

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-announces-€50m-net-profit-in-first-half-of-2022

Bank of Cyprus announced a profit after tax amounting to €50 million for the first half of 2022, setting its sights on dividend distribution in 2023, for the first time since 2011, depending on market conditions and regulatory approvals....

23. Yiorkio finds patron after years of rejection

https://knews.kathimerini.com.cy/en/news/yiorkio-finds-patron-after-years-of-rejection

Nicosia’s abandoned luxury hotel Yiorkio Residence has been sold to a group focusing on upscale living, with reports saying the bidder is shelling out €20 million to acquire one of Cyprus’ real estate puzzles...

24. Deposits and loans decrease in July

https://knews.kathimerini.com.cy/en/news/deposits-and-loans-decrease-in-july

In July 2022, total deposits reached €51.2 billion and total loans €28.6 billion, recording a net decrease, compared to June. This is what data on Monetary and Financial Institutions' deposits and loans show,...

25. US warns Turkey for violating sanctions against Russia

https://knews.kathimerini.com.cy/en/news/us-warns-turkey-for-violating-sanctions-against-russia

The Biden administration has warned Turkish businesses not to do business with sanctioned Russian institutions and individuals, ramping up US pressure on a NATO ally that maintains strong ties to Russia during its invasion of Ukraine, the Wall Street Journal reported....

26. Now is a good time to follow the simple rule of 28/36

https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-now-is-a-good-time-to-follow-the-simple-rule-of-28-36

Rising prices have been a major topic of discussion over the past few weeks. In essence, however, little can be done by individuals to mitigate the effects of rising fuel and commodity prices on a global scale....

27. National credit bureaus crucial in assessing consumer creditworthiness

https://knews.kathimerini.com.cy/en/business/national-credit-bureaus-crucial-in-assessing-consumer-creditworthiness

The need to assess a borrower's creditworthiness and capacity through the use of national credit bureaus was highlighted at an annual conference held by the European Association of Credit Bureaus “ACCIS” in Brussels in the past month....

28. President signs controversial foreclosure law

https://knews.kathimerini.com.cy/en/news/cypriot-president-signs-controversial-foreclosure-law

A controversial foreclosure bill has been signed into law in the Republic of Cyprus over the objection of the country’s finance minister who accused lawmakers of populism...

29. Deposit interest rates remained close to zero levels in June

https://knews.kathimerini.com.cy/en/news/deposit-interest-rates-remained-close-to-zero-levels-in-june

Deposit interest rates remained at close to zero levels in June with lending rates showing small variations, according to data released on Tuesday by the Central Bank of Cyprus (CBC)....

30. Inside JP Morgan's precious metals division: The salaries and bonuses of the golden boys

https://knews.kathimerini.com.cy/en/news/inside-jp-morgan-s-precious-metals-division-the-salaries-and-bonuses-of-the-golden-boys

The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....

X