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1. Bank of Cyprus cuts staff again with new severance offer

The Bank of Cyprus is downsizing again, launching a new voluntary exit plan for 40 to 50 employees as it seeks to cut staff and rein in expenses....

2. October Newsletter of K. Treppides & Co Ltd – 24/10/2025

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....

3. Bank of Cyprus opens 'India Hub' to attract new business

The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....

4. Revolut secures crypto license from Cyprus to expand EU services

Fintech firm Revolut has received a cryptocurrency license from Cyprus, paving the way for the company to continue expanding its crypto services across the European Union....

5. Massive cybercrime network exposed after draining hundreds of Greek bank accounts

Authorities are unraveling what prosecutors call the nation’s most extensive cyberfraud operation, accused of siphoning funds from hundreds of online bank accounts through a sprawling network of coordinated scams....

6. Wizz Air announces new route from Larnaca to Bratislava!

Wizz Air is delighted to announce the launch of a new route connecting Larnaca and Bratislava, starting January 12, 2026....

7. Bank of Cyprus Scoops 11 Awards in Global Finance’s 2025 Digital Bank Rankings

Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards ...

8. €15 for You, €15 for Your Friend! – with JOEY by Bank of Cyprus

Double the fun! Joey is launching the new “Invite Friends” program and gives you the chance to earn €15 for yourself or your child, and €15 for your friend. Double the reward, double the fun!...

9. 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....

10. Fairfax bets big on Cyprus with stake in Eurobank Insurance

Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....

11. Cyprus banks join Eurozone’s instant transfers

Starting Thursday, October 9, all Eurozone banks, including those in Cyprus, will be required not only to process instant payments but also to verify the recipient’s name and IBAN when executing transfers....

12. September Newsletter of K. Treppides & Co Ltd – 26/09/2025

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. ...

13. EU Investment Bank holds first board meeting in Cyprus

The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....

14. Old money meets new as nine European banks back Euro stablecoin despite ECB fears

Europe’s biggest banks are dipping their toes into crypto waters. Nine major lenders, including ING, UniCredit and DekaBank, are banding together to launch a euro-backed stablecoin later this year, even as the European Central Bank warns such digital tokens could shake financial stability....

15. Supermarkets and electricity bills top Cypriot concerns despite signs of consumer confidence

Cypriot households are showing cautious optimism about the economy, though rising supermarket prices and electricity bills remain their biggest worries, according to a new Ktrends survey by Kathimerini and PwC....

16. Cyprus banks fined hundreds of thousands for unfair loan terms

Cyprus’ Consumer Protection Service (CPS) has hit the two largest banks in the country with hefty fines for using illegal or unfair terms in their loan agreements, warning that thousands of borrowers may be affected....

17. 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....

18. Pensions without age limits

We are told that the social insurance system is strictly contributory. You get back what you pay in. Except, of course, for state officials, who collect generous pensions without ever having made equivalent contributions. ...

19. What today’s general strike means for you

Cyprus is bracing for a nationwide strike Thursday after last-ditch talks failed to resolve a standoff over the cost-of-living allowance (ATA)....

20. 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....

21. Cyprus begins €44M payouts to 2013 bailout victims

More than 4,500 people who lost money in Cyprus’ 2013 banking collapse are finally seeing compensation, with €44.36 million being paid out on Thursday, officials said....

22. 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....

23. 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....

24. Bank of Cyprus: Your New Home Just a Few Clicks Away – Response Within 24 Hours

Bank of Cyprus becomes the first bank in Cyprus to offer customers the ability to apply for a mortgage directly from their mobile phone or computer, enjoying a streamlined experience and receiving a response within 24 hours....

25. Tiny insect threatens Cyprus’ iconic prickly pear cacti

A tiny insect threatens to wipe out prickly pear cacti in Cyprus within a few years, potentially depriving the island of a summer fruit deeply rooted in Cypriot culture....

26. 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....

27. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....

28. BOC reports €235M in profits, but what does that actually mean for the rest of us?

29. Eurobank to hike dividends by over 50%

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

30. Cypriot man loses €434,000 in online crypto fraud

In yet another online scam that’s been plaguing the country, a 53-year-old man in Cyprus was tricked into sending more than €434,000 to what he believed were cryptocurrency investments, only to discover he had fallen victim to fraud....