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12° Nicosia,
20 January, 2022
 

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Displaying results 1-30 of 195 matches for query central bank.

1. Slight increase in the value of unsecured checks issued in 2021

https://knews.kathimerini.com.cy/en/business/slight-increase-in-the-value-of-unsecured-checks-issued-in-2021

The total amount of unsecured cheques issued in 2021 rose to €0.93 million compared with €0.74 in 2020. However, the total number of unsecured cheques dropped to 363 compared with 454 the year before....

2. Kazakh president gives shoot-to-kill order to quell protests

https://knews.kathimerini.com.cy/en/news/kazakh-president-gives-shoot-to-kill-order-to-quell-protests

Security forces appeared to have reclaimed the streets of Kazakhstan's main city on Friday after days of violence, and the Russian-backed president said he had ordered his troops to shoot to kill to put down a countrywide uprising....

3. NPLs in Cyprus decrease €722 million at the end of September

https://knews.kathimerini.com.cy/en/business/npls-in-cyprus-decrease-€722-million-at-the-end-of-september

Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC)....

4. Cypriot economy will continue to recover output lost during 2020

https://knews.kathimerini.com.cy/en/business/cypriot-economy-will-continue-to-recover-output-lost-during-2020

The Cypriot economy in 2021 recovered the output lost during the 2020 COVID crisis and will continue to grow with an average 3.7% in the years 2022 – 2024, the Central Bank of Cyprus expects, according to its economic bulletin, stressing that risks to the baseline scenario are balanced albeit slightly upside concerning inflation....

5. Turkey’s inflation hits a 19-year high of 36%

https://knews.kathimerini.com.cy/en/news/turkey-s-inflation-hits-a-19-year-high-of-36

Turkey’s yearly inflation climbed at the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday....

6. Reflections on 20 years of the euro

https://knews.kathimerini.com.cy/en/business/reflections-on-20-years-of-the-euro

Twenty years ago on Saturday, around 300 million Europeans held a brand-new currency in their hands, the euro....

7. What's left for the Turkish Cypriot economy after 2021

https://knews.kathimerini.com.cy/en/news/what-s-left-for-the-turkish-cypriot-economy-after-2021

Shortly before the pandemic began, Turks and foreign analysts warned of the effects of the Erdogan government's wrong moves and decisions on the economy....

8. Increase in deposits, decrease in loans

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

Deposits in November in Cyprus have increased while loans decreased, according to statistics released on Wednesday by the Central Bank....

9. SYPRODAT: Demands response from Central Bank, Government and Parliament regarding increased charges

https://knews.kathimerini.com.cy/en/news/syprodat-demands-response-from-central-bank-government-and-parliament-regarding-increased-charges

The Bank of Cyprus Borrower Association (SYPRODAT) is calling for an immediate response from the Central Bank of Cyprus, the Government and Parliament in relation to the increase of charges from the largest Cypriot banks....

10. Loan restructurings in the Cyprus reached almost €2 billion due to Covid

https://knews.kathimerini.com.cy/en/business/loan-restructurings-in-the-cyprus-reached-almost-€2-billion-due-to-covid

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....

11. Consulco opens its Limassol office

https://knews.kathimerini.com.cy/en/business/consulco-opens-its-limassol-office

Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...

12. Turkish lira whiplashes after Erdogan moves to protect savings

https://knews.kathimerini.com.cy/en/news/turkish-lira-whiplashes-after-erdogan-moves-to-protect-savings

Turkey's lira rocketed back from record lows in volatile trading on Tuesday after Turkish President Tayyip Erdogan proposed measures to protect local currency savings against such swings....

13. Turkish lira resumes slide to 17.5 against the dollar

https://knews.kathimerini.com.cy/en/news/turkish-lira-resumes-slide-to-17-5-against-the-dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

14. Bank of Cyprus to impose new and increased fees from February 15, 2022

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-to-impose-new-and-increased-fees-from-february-15-2022

Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....

15. Erdogan should focus on his economy, not Greece

https://knews.kathimerini.com.cy/en/comment/opinion/erdogan-should-focus-on-his-economy-not-greece

With the Turkish lira continuing its precipitous slide, the risk of capital controls looming dangerously and Recep Tayyip Erdogan’s legal adviser even going so far as to consider that declaring a state of emergency might be needed...

16. Turkish lira blows through 15 to dollar ahead of rate decision

https://knews.kathimerini.com.cy/en/news/turkish-lira-blows-through-15-to-dollar-ahead-of-rate-decision

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan’s risky new economic program....

17. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

https://knews.kathimerini.com.cy/en/news/inflation-in-britain-jumped-to-its-highest-level-in-the-last-10-years-at-5-1

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

18. Moves to make banking faster

https://knews.kathimerini.com.cy/en/news/moves-to-make-banking-faster

As part of the strategy to create faster, more flexible and efficient banking services, the Governor of the Central Bank of Cyprus (CBC), Mr. Konstantinos Herodotou,...

19. Bank of Cyprus fined 790,000 euros

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-fined-790-000-euros

The Central Bank of Cyprus said it has imposed a fine amounting to €790,000 to Bank of Cyprus, the island’s largest lender over failure to comply with τhe anti-money laundering law and the CBC directive....

20. Clarifications Min. Health for the new measures - The exceptions for telework

https://knews.kathimerini.com.cy/en/news/clarifications-min-health-for-the-new-measures-the-exceptions-for-telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

21. Debt sustainability in all Member States

https://knews.kathimerini.com.cy/en/news/debt-sustainability-in-all-member-states

ESM Managing Director Klaus Regling strongly believes that public debt is currently sustainable in all Member States of the monetary union. ...

22. Rise in consumer loans and housing purchase in September

https://knews.kathimerini.com.cy/en/news/rise-in-consumer-loans-and-housing-purchase-in-september

New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year,...

23. Announcement of Appointment of Directors & Senior Managers in K. Treppides & Co Ltd

https://knews.kathimerini.com.cy/en/business/announcement-of-appointment-of-directors-senior-managers-in-k-treppides-co-ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

24. Cyprus frets ‘pandoramonium’ overshadowing good work

https://knews.kathimerini.com.cy/en/news/cyprus-frets-‘pandoramonium-overshadowing-good-work

The Cypriot finance ministry says a European Parliament resolution on Pandora Papers and subsequent criticism by local opposition is overshadowing the amount of good work that has been done on the island against illegal activities, as some parties are calling on the president to step down...

25. The City of London Is Hiding the World’s Stolen Money

https://knews.kathimerini.com.cy/en/comment/opinion/the-city-of-london-is-hiding-the-world-s-stolen-money

In 1969, two years after the Cayman Islands, a British territory, passed its first law to allow secretive offshore trusts, an official government report struck an ominous note....

26. Electronic Money and Payment Institutions launch professional association

https://knews.kathimerini.com.cy/en/business/electronic-money-and-payment-institutions-launch-professional-association

ECOMMBX is proud to announce the establishment of the Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), with a number of the company’s management team members among the new Association’s leadership....

27. China declares all cryptocurrency transactions illegal

https://knews.kathimerini.com.cy/en/business/china-declares-all-cryptocurrency-transactions-illegal

China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....

28. Southern European banks set for climate hit

https://knews.kathimerini.com.cy/en/business/southern-european-banks-set-for-climate-hit

Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires,...

29. Another 85 million by February if Cyprus meets deadline of key reforms

https://knews.kathimerini.com.cy/en/news/cyprus-must-meet-deadline-of-key-reforms-to-receive-the-next-85-million-from-the-eu

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

30. ECB tells Cyprus lawmakers to get it right

https://knews.kathimerini.com.cy/en/news/ecb-tells-cyprus-lawmakers-to-get-it-right

Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that 'such policies can also backfire and destabilize the banking sector if designed in a haphazard manner'...

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