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12° Nicosia,
21 May, 2024
 

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Displaying results 1-30 of 572 matches for query credit.

1. Banking sector's pledge to environmental transition

https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition

Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....

2. Household deposit rates surge as home buying loan rates dip

https://knews.kathimerini.com.cy/en/business/household-deposit-rates-surge-as-home-buying-loan-rates-dip

In March 2024, the financial landscape in Cyprus saw some interesting shifts, according to data released by the Central Bank of Cyprus. Here's a breakdown of what happened:...

3. Cyprus commemorates Europe Day with vibrant festivities

https://knews.kathimerini.com.cy/en/news/cyprus-commemorates-europe-day-with-vibrant-festivities

The Office of the European Parliament in Cyprus and the European Commission in Cyprus as well as the Presidency celebrate Europe Day with events throughout the day....

4. Consulco's London credit fund shines in Q1 2024

https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-shines-in-q1-2024

Exciting opportunities are unfolding for the Cyprus-led humanitarian initiative "Amalthea," aimed at delivering vital aid to the Gaza Strip by sea....

5. Former Central Bank Governor reflects on achievements and future plans

https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans

In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...

6. U.S. military hails Cyprus cooperation in Gaza aid delivery

https://knews.kathimerini.com.cy/en/news/u-s-military-hails-cyprus-cooperation-in-gaza-aid-delivery

U.S. military personnel expressed gratitude to Cyprus for its role in facilitating the delivery of humanitarian aid to Gaza via sea. Senior defense and Biden administration officials provided details on Thursday about the construction of a temporary pier off Gaza's coast, set to be completed by early May....

7. Alternative investments and portfolio diversification

https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification

In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...

8. EU acts against Russian-owned companies

https://knews.kathimerini.com.cy/en/news/eu-acts-against-russian-owned-companies

The European Commission released guidelines on the implementation of the new article 5r of Council Regulation 833/2014 of the 12th package of restrictive......

9. Cyprus-Greece ferry bookings open on Wednesday

https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-bookings-open-on-wednesday

The Deputy Ministry of Shipping announced the commencement of the third season of operation for the Cyprus-Greece Maritime Passenger Link in a press conference held on Tuesday, April 16, 2024....

10. We are all responsible

https://knews.kathimerini.com.cy/en/comment/opinion/we-are-all-responsible

Eleven people crammed into one apartment, each paying between 150 to 200 euros in rent, all to live stacked together in appalling conditions. ...

11. April Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

https://knews.kathimerini.com.cy/en/business/april-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission

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. ...

12. Finance Minister extends rent program to assist more homeowners

https://knews.kathimerini.com.cy/en/news/finance-minister-extends-rent-program-to-assist-more-homeowners

The Cabinet has approved an expansion of beneficiaries for the Rent Relief Program against Installments, announced Finance Minister Makis Keravnos after the body's session. ...

13. Employers call for tax reform to spur economic growth

https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

14. Business loans drop, home loans steady

https://knews.kathimerini.com.cy/en/business/business-loans-drop-home-loans-steady

The Central Bank of Cyprus reported on Wednesday that the net demand for corporate loans continued to decrease in the last quarter of 2023, marking a consistent downward trend since the first quarter of 2022, although at a slower pace than anticipated earlier in the year....

15. Cyprus economy holds steady amid challenges

https://knews.kathimerini.com.cy/en/news/cyprus-economy-holds-steady-amid-challenges

Canadian credit rating agency DBRS Ratings GmbH (Morningstar DBRS) has affirmed the Republic of Cyprus's long-term ratings, maintaining it at BBB (high) with a stable economic outlook. ...

16. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

17. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

18. Man held for alleged dining and dashing

https://knews.kathimerini.com.cy/en/news/man-held-for-alleged-dining-and-dashing

Police in Paphos have apprehended a 27-year-old man as part of an ongoing investigation into allegations of securing credit by false representations. The arrest stems from an incident where the suspect purportedly failed to settle a bill at a local restaurant....

19. What are they afraid of?

https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of

Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....

20. KEDIPES successfully sells €58.4M portfolio to reduce debt

https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt

The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....

21. Cyprus: A familiar economic space for Greece

https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece

In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....

22. Eurobank Cyprus reports €199.4M profits in 2023

https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023

Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022. ...

23. KEDIPES preps for major loan sell-off, boosting Cyprus banks

https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks

In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....

24. Job market improves and industrial sector grows

https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows

In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...

25. Deposit rates down, mortgage rates up

https://knews.kathimerini.com.cy/en/news/deposit-rates-down-mortgage-rates-up

Deposit interest rates dropped in January, whereas lending rates rose except interest rates for consumer lending, according to data published by the Central Bank of Cyprus....

26. EY survey: Cybersecurity tops global CROs' concerns

https://knews.kathimerini.com.cy/en/business/ey-survey-cybersecurity-tops-global-cros-concerns

EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....

27. Cyprus banks push for green standards with ESG certification

https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification

Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria. ...

28. EY seminar explores green tax impact on businesses

https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses

EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus. ...

29. Hellenic Bank posts impressive 2023 profit of €365.4 million

https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million

Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....

30. 8-year-old chess prodigy makes history defeating grandmaster

https://knews.kathimerini.com.cy/en/news/8-year-old-chess-prodigy-makes-history-defeating-grandmaster

In a groundbreaking achievement, 8-year-old chess prodigy Aswath Kaushik has entered the record books as the youngest player ever to defeat a chess grandmaster. ...

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