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1. Queens, Kings, and Cyprus. Checkmate!

The night of March 28 was windy, cloudy, and even a little rainy, the kind that makes you clutch your coat and hope your hair survives the evening. ...

2. War sends Euribor climbing and hits loan holders

The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...

3. Cypriot banks see profits tumble in 2025

Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....

4. BOC eyes strategic acquisitions in insurance, asset management and fintech

Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....

5. EU infringement package flags Cyprus for delays across food, finance and energy rules

The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....

6. Lidl Cyprus strengthens its long-standing social contribution: A new film highlights its support initiatives in health, children, and vulnerable groups

Lidl Cyprus has long invested in initiatives with a significant social impact, supporting healthcare structures, children and vulnerable groups, with the aim of creating real value for society....

7. European banks poised for €30 billion boost in interest income

European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....

8. Divers haul nearly two tons of trash from Paphos harbor, including car and truck wheels

Eighteen divers pulled 1.8 tons of trash from the bottom of Kato Paphos harbor in just one hour during a cleanup organized by the Cyprus Ports Authority, according to the environmental group AKTI....

9. Cyprus banks rake in over €750 million, even as rate cuts cool

Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....

10. Bank of Cyprus posts €353 million profit in 2025 despite lower interest income

Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....

11. BoC Fintech Hackathon 6.0: Empowering Innovation in the New Era of Fintech

The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....

12. 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 ...

13. 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....

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

15. 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....

16. Cyprus banks are merging and here’s what that means for you

Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....

17. Cypriot businesses go greener as hundreds certified in nationwide ESG initiative

Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....

18. Swiss Central Bank slashes interest rates to 0% to fight soaring Franc and deflation

In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....

19. Good news for borrowers as ECB to cut interest rates

The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...

20. I can’t believe I missed it: International Potato Day, the spud-tacular holiday we all forgot

So here I am, blissfully unaware and blissfully late, only realizing, two days too late, that International Potato Day just rolled past like a hot baked potato fresh out of the oven. And not just any potato, but the Cypriot potato. ...

21. Cypriots rush to borrow as rates drop, but are banks repeating old mistakes?

As interest rates continue their downward trend, and with further cuts expected, borrowers are feeling more confident. This isn’t hearsay from bank insiders or coffee shop chatter; ...

22. Cyprus borrowers are back as loan demand soars in 2025

Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....

23. Why London’s real estate market remains one of the most liquid in the world

London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...

24. Is development finance the key to fixing London’s housing crisis?

London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....

25. Cyprus’ economy set to slow down, says IMF

The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....

26. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

27. The best bank to ever come out of Cyprus?

The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....

28. Consulco Welcomes Christoforos Kittenis as Director at London Credit

Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....

29. ECB cuts interest rates by 25 points as inflation eases

The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....

30. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...