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12° Nicosia,
29 March, 2024
 

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Displaying results 61-90 of 267 matches for query lend.

61. Conservatives storm to victory in repeat Greek election

https://knews.kathimerini.com.cy/en/news/conservatives-storm-to-victory-in-repeat-greek-election

Greece's conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister...

62. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

https://knews.kathimerini.com.cy/en/business/hellenic-bank-rakes-in-€69-7-million-in-profits-during-q1-of-2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

63. Bank of England raises interest rates to 5%

https://knews.kathimerini.com.cy/en/news/bank-of-england-raises-interest-rates-to-5

The Bank of England has raised interest rates by a half point to 5% as part of its efforts to combat high inflation and rising mortgage costs. ...

64. Announcing the 9th annual Gastronomy awards 2023

https://knews.kathimerini.com.cy/en/news/announcing-the-9th-annual-gastronomy-awards-2023

Get ready for the much-anticipated celebration of Cypriot producers! The prestigious 2023 Quality Awards by "Gastronomos" and "Kathimerini" are set to take place on Tuesday, June 27th at 8:00 PM in the enchanting courtyard of the Cultural Centre of Strovolos Municipality....

65. Russia's use of Chinese yuan to bypass western sanctions may come to an end

https://knews.kathimerini.com.cy/en/business/russia-s-use-of-chinese-yuan-to-bypass-western-sanctions-may-come-to-an-end

Russia has been using China's yuan to get around sanctions — but at least one major Chinese bank has halted transfers from Russia over fears of secondary sanctions from the West....

66. ECB raises interest rate to 3.20% in ongoing tightening campaign

https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rate-to-3-20-in-ongoing-tightening-campaign

The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...

67. Declining new loans in Cyprus signals economic shifts

https://knews.kathimerini.com.cy/en/news/declining-new-loans-in-cyprus-signals-economic-shifts

In April 2023, Cyprus experienced a notable decline in new lending, as reported by the Central Bank of Cyprus. ...

68. April records a decrease in loan volumes

https://knews.kathimerini.com.cy/en/news/april-records-a-decrease-in-loan-volumes

The Central Bank of Cyprus announced in a press release on Tuesday that total new loans decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month....

69. Striking the balance between tradition and tourism

https://knews.kathimerini.com.cy/en/comment/opinion/striking-the-balance-between-tradition-and-tourism

The Flood Festival in Larnaca, Cyprus, stands as a shining example of how tradition and tourism can coexist and flourish together....

70. New plan to safeguard vulnerable groups' homes nears approval

https://knews.kathimerini.com.cy/en/news/new-plan-to-safeguard-vulnerable-groups-homes-nears-approval

The Director of the Press Office of the President of the Republic, Victor Papadopoulos, announced that a new plan to safeguard the first homes of vulnerable groups in Cyprus is on the horizon. ...

71. Real estate: A closer look at prices and rental trends

https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-a-closer-look-at-prices-and-rental-trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

72. Conservatives in Greece win big

https://knews.kathimerini.com.cy/en/news/conservatives-in-greece-win-big

Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...

73. Cheers to the 14th Cyprus wine competition - A toast to wine lovers everywhere!

https://knews.kathimerini.com.cy/en/news/cheers-to-the-14th-cyprus-wine-competition-a-toast-to-wine-lovers-everywhere

Get ready to raise your glasses as the 14th Cyprus Wine Competition, a testament to the nation's devotion to the wine sector, is just around the corner! From May 22 to May 26, 2023, Cyprus will host a vibrant extravaganza dedicated to the art of winemaking, attracting wine aficionados from far and wide....

74. BOC: First quarter of 2023 yields €95 million in profit

https://knews.kathimerini.com.cy/en/business/boc-first-quarter-of-2023-yields-€95-million-in-profit

Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....

75. Why do young people in Cyprus struggle to secure a home loan?

https://knews.kathimerini.com.cy/en/news/why-do-young-people-in-cyprus-struggle-to-secure-a-home-loan

Young people are facing difficulties in securing mortgage loans due to a number of factors, according to economist Tasos Yasemidis....

76. Q1 2023 sales reach €1.7 billion despite challenges

https://knews.kathimerini.com.cy/en/business/q1-2023-sales-reach-€1-7-billion-despite-challenges

During the first quarter of 2023, the total value of properties sold was €1.7 billion. Despite facing numerous challenges that are starting to impact the real estate market, it has shown resilience...

77. Expanding Profitability and Strengthening Capital Position

https://knews.kathimerini.com.cy/en/business/expanding-profitability-and-strengthening-capital-position

Group Financial Results for the year ended December 31, 2022...

78. Banks announce measures on interest rates

https://knews.kathimerini.com.cy/en/news/banks-announce-measures-on-interest-rates

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a difficult position with dangerously increasing loan repayments....

79. Finance Minister requests containment of lending rates for housing loans

https://knews.kathimerini.com.cy/en/news/finance-minister-requests-containment-of-lending-rates-for-housing-loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

80. Assets of US and UK sanctioned entities in Cyprus will be frozen

https://knews.kathimerini.com.cy/en/business/assets-of-us-and-uk-sanctioned-entities-in-cyprus-will-be-frozen

Cypriot individuals and entities included in UK and US sanctions list will see their assets in the Cypriot banking system frozen and will not be able to carry out any banking transaction in Cyprus, Marios Skandalis, Chief Compliance Officer of Bank of Cyprus, the island’s largest lender has said....

81. BOC to pay dividends after 12 years

https://knews.kathimerini.com.cy/en/business/boc-to-pay-dividends-after-12-years

The Bank of Cyprus is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its shareholders after 12 years....

82. Three major concerns of ECB regarding Cypriot banks

https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks

Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....

83. Prem Watsa: 'Greek banks are safer'

https://knews.kathimerini.com.cy/en/business/prem-watsa-greek-banks-are-safer

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented....

84. Herodotou: 'European banking system in good health'

https://knews.kathimerini.com.cy/en/business/herodotou-european-banking-system-in-good-health

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou said on Wednesday that there’s concern that the banking problems with some European banks could evolve into something bigger....

85. Keravnos urges banks to restructure loans and keep rates low

https://knews.kathimerini.com.cy/en/news/keravnos-urges-banks-to-restructure-loans-and-keep-rates-low

Cyprus Finance Minister Makis Keravnos has urged banks to restructure loans, maintain low lending rates and bank charges, and increase deposit rates in light of continued basic rate hikes by Central Banks. He warned that otherwise the government "would make different thoughts."...

86. UBS steps in to buy rival Credit Suisse

https://knews.kathimerini.com.cy/en/news/ubs-steps-in-to-buy-rival-credit-suisse

Some of the world's largest central banks came together on Sunday to stop a banking crisis from spreading as Swiss authorities persuaded UBS Group AG to buy rival Credit Suisse Group AG in a historic deal...

87. Credit Suisse borrows more than $50 billion from Swiss National Bank

https://knews.kathimerini.com.cy/en/news/credit-suisse-borrows-more-than-$50-billion-from-swiss-national-bank

Credit Suisse’s shares soared 30% on Thursday after it announced it would move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central bank, bolstering confidence as fears about the banking system moved from the U.S. to Europe....

88. It's been 10 years since the haircut

https://knews.kathimerini.com.cy/en/news/it-s-been-10-years-since-the-haircut

In March 2023, Cyprus will mark 10 years since the deposit haircut. Ten years after the 2013 crisis, Cyprus looks completely different. During this decade, many changes have taken place and its citizens have experienced many different situations,...

89. Banks around the world feel force of SVB fallout

https://knews.kathimerini.com.cy/en/news/banks-around-the-world-feel-force-of-svb-fallout

U.S. President Joe Biden vowed to do whatever was needed to address a threatened banking crisis after the collapses of Silicon Valley Bank and Signature Bank forced regulators to step in with emergency measures....

90. HSBC buys failed Silicon Valley Bank in bid to stem fallout

https://knews.kathimerini.com.cy/en/news/hsbc-buys-failed-silicon-valley-bank-in-bid-to-stem-fallout

Governments in the UK and the U.S. took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down....

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