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1. Cyprus banking map set to shrink as two smaller banks change hands

Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....

2. Eurobank returns to markets with new six-year bond issue

Eurobank has returned to international markets with a new senior preferred bond issue, continuing a broader trend among European banks seeking fresh funding and stronger financial buffers....

3. Prudently & sparingly

The fact that the Cypriot economy is showing growth does not mean the government should be handing out money freely to everyone....

4. Cyprus hotels brace for tough summer as Middle East tensions hit tourism

A difficult summer season is shaping up for Cyprus’ hotel industry, as uncertainty caused by the geopolitical turmoil in the Middle East is dampening people’s appetite for travel and holidays....

5. Church of Cyprus rejects ‘high-interest loan’ claims in Paphos case

The Audit Department of the Church of Cyprus has rejected allegations about the financial management of the Metropolis of Paphos, describing them as false and damaging....

6. Cyprus still on investors’ radar despite Iran war

The war in Iran is not shutting the door on investment and business activity in Cyprus. ...

7. Fuel and heating oil prices soar in Cyprus, petrol could top €2 per liter

Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....

8. 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....

9. Cyprus’s credit rating boosted as public debt drops and economy strengthens

Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....

10. UN at risk of running out of funds as member dues go unpaid

United Nations Secretary-General Antonio Guterres has issued a stark warning to member states that the world body is approaching a severe cash crisis that could threaten its ability to operate....

11. After a year of silence, Cyprus returns to the markets for €1bn

Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...

12. U.N. urges renewal of Cyprus peacekeeping mission, warns of rising military violations

António Guterres has recommended renewing the mandate of the UNFICYP for another year, while warning that continued military violations and unilateral actions threaten stability along the island’s buffer zone....

13. Cyprus scores big in global ratings

Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....

14. When ''ATA for All'' becomes ATA for no one

And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...

15. 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....

16. Jumbo buys out shopping mall from Eurobank in €10.8M deal

Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....

17. Cyprus to auction €25 million in treasury bills this month

Cyprus is once again turning to short-term borrowing, announcing a €25 million Treasury Bills auction that will take place on October 20, between 8:30 a.m. and 11:30 a.m., according to the Public Debt Management Office (PDMO) of the Ministry of Finance....

18. The risk is not only geopolitical

The Cyprus-Crete electricity interconnection cable is full of thorny issues that, until resolved, would be better off out of the headlines. The project is making news for all the wrong reasons....

19. Euromoney: Bank of Cyprus Named Best Bank for the 10th Consecutive Year

Euromoney, one of the leading international magazines focused on banking, finance and financial markets, has named Bank of Cyprus the Best Bank in Cyprus in its 2025 Awards for Excellence. This is the 10th year that Bank of Cyprus has been recognised by Euromoney as Cyprus’ Best Bank....

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

21. Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance

A new, Cyprus-based insurance brokerage company specializing exclusively in credit insurance has been established....

22. June Newsletter of K. Treppides & Co Ltd – 13/06/2025

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....

23. June Newsletter of K. Treppides & Co Ltd – 06/06/2025

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....

24. BoC eyes bigger role in your financial future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

25. Aegean Airlines: First Quarter 2025 Trading Update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

26. Cypriot banks on the rise as credit upgrades could mean cheaper loans for all

Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....

27. 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. ...

28. Ancoria Bank shifts to Cypriot hands in major shake-up

Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...

29. Nicosia Mayor sounds alarm over city's financial crisis

Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...

30. 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. ...