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12° Nicosia,
29 March, 2024
 

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Displaying results 31-60 of 485 matches for query loans.

31. Consulco’s London Credit Fund continues to grow

https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-continues-to-grow

London Credit Fund, Consulco Group’s successful alternative investment fund, continues its dynamic growth....

32. Cyprus set to join Great Sea Interconnector project

https://knews.kathimerini.com.cy/en/news/cyprus-set-to-join-great-sea-interconnector-project

In a significant move aimed at enhancing regional energy cooperation, Cyprus is considering participation in the ambitious Great Sea Interconnector project, according to statements from government officials....

33. EU leaders reach agreement on 50-billion-euro fund for Ukraine amidst Orban standoff

https://knews.kathimerini.com.cy/en/news/eu-leaders-reach-agreement-on-50-billion-euro-fund-for-ukraine-amidst-orban-standoff

European Union leaders, after weeks of tense negotiations, have secured a breakthrough agreement, compelling Prime Minister Viktor Orban of Hungary to endorse a 50-billion-euro fund for Ukraine....

34. Interest rates extended, borrowers face dilemma

https://knews.kathimerini.com.cy/en/news/interest-rates-extended-borrowers-face-dilemma

Last Thursday, the European Central Bank (ECB) opted to maintain interest rates, extending the uncertainty for borrowers regarding their loans and repayments....

35. Parliament enacts law granting tax exemption on loan repayments

https://knews.kathimerini.com.cy/en/news/parliament-enacts-law-granting-tax-exemption-on-loan-repayments

The House of Representatives has unanimously approved a law exempting individuals who sold real estate or transferred shares to repay Non-Servicing Loans from the 0.4% tax designated for the Central Equal Weight Sharing Agency...

36. Non-performing loans hold steady at €2B amid rising rates

https://knews.kathimerini.com.cy/en/news/1-non-performing-loans-hold-steady-at-€2b-amid-rising-rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

37. Dr. Anastasatos forecasts bright future for Cyprus economy

https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview

Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....

38. Cyprus real estate booms in Q3 2023

https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023

Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....

39. Cyprus grapples with lingering private debt woes

https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes

In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....

40. ''Same-sex childbearing not allowed,'' says Archbishop George

https://knews.kathimerini.com.cy/en/news/same-sex-childbearing-not-allowed-says-archbishop-george

Archbishop George of Cyprus clarifies the content of his Christmas message, which sparked political reactions....

41. European Commission disburses funds to six member states

https://knews.kathimerini.com.cy/en/news/european-commission-disburses-funds-to-six-member-states

The European Commission disbursed payments to six Member States Thursday, under the Recovery and Resilience Facility (RRF)....

42. EC allocates recovery funds to six member states

https://knews.kathimerini.com.cy/en/news/ec-allocates-recovery-funds-to-six-member-states

The European Commission disbursed payments to six Member States on Thursday, marking a milestone in the implementation of the Recovery and Resilience Facility (RRF). ...

43. Cypriot market braces for impact amidst Suez canal disruptions

https://knews.kathimerini.com.cy/en/news/cypriot-market-braces-for-impact-amidst-suez-canal-disruptions

In a recent interview with KEBE Secretary General Marios Tsiakkis, concerns were raised about the inevitable impact on product prices in Cyprus due to increased fees for ships carrying containers. ...

44. Half of Cyprus loans vulnerable to Euribor and ECB rates

https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates

Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....

45. Bank of Cyprus expands with €58M loan acquisition

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-expands-with-€58m-loan-acquisition

Agreement for the Acquisition of a Performing Loan Portfolio. ...

46. CBC warns of non-performing loan surge amid economic challenges

https://knews.kathimerini.com.cy/en/news/cbc-warns-of-non-performing-loan-surge-amid-economic-challenges

The Central Bank of Cyprus (CBC) issued a warning on Monday, cautioning about the potential influx of non-performing loans (NPLs) driven by high-interest rates and inflation, which are impacting households' disposable income and businesses' profitability....

47. Themis Themistocleous signals potential 2024 interest rate cut

https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut

In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...

48. Government seeks €1B via EMNT bond in 2024

https://knews.kathimerini.com.cy/en/news/government-seeks-€1b-via-emnt-bond-in-2024

Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said. ...

49. EU Council's ''historic'' decision to benefit Ukraine, Moldova, and Georgia

https://knews.kathimerini.com.cy/en/news/eu-council-s-historic-decision-to-benefit-ukraine-moldova-and-georgia

Without agreement on the European budget, the first day of the European Council meeting was concluded at 2.30 Brussels time (3.30 a.m. on Friday), as no "common ground" was found on the revision of the budget (2021-2027), due to lack of unanimity....

50. Parliament approves measures for NPLs and foreclosures framework

https://knews.kathimerini.com.cy/en/news/parliament-approves-measures-for-npls-and-foreclosures-framework

Cyprus' Finance Ministry has expressed satisfaction with the parliament's approval of laws integral to the comprehensive package for managing Non-Performing Loans (NPLs) and the foreclosure framework....

51. Non-performing loans take a €95M dive

https://knews.kathimerini.com.cy/en/news/non-performing-loans-take-a-€95m-dive

As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August. ...

52. Cyprus economy receives positive rating boost

https://knews.kathimerini.com.cy/en/business/cyprus-economy-receives-positive-rating-boost

Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...

53. Mortgage-to-Rent scheme sparks overwhelming interest as call centers inundated

https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-sparks-overwhelming-interest-as-call-centers-inundated

In a significant response to the newly launched 'Mortgage to Rent' Scheme by the implementing agency, KEDIPES, the service center has been inundated with hundreds of calls since the official commencement of the initiative today....

54. Mortgage rates soar to 4.91%, deposits decline in October 2023

https://knews.kathimerini.com.cy/en/news/mortgage-rates-soar-to-4-91-deposits-decline-in-october-2023

Mortgage interest rates in Cyprus climbed to 4.91% in October 2023, according to data released by the Central Bank of Cyprus in its November 2023 edition of Monetary and Financial Statistics....

55. KEDIPES introduces 'Rent-to-Own' scheme for vulnerable households

https://knews.kathimerini.com.cy/en/news/kedipes-introduces-rent-to-own-scheme-for-vulnerable-households

Starting December 4, the government, in collaboration with KEDIPES, opens applications for the innovative "rent for hire-purchase" scheme. This initiative aims to fully settle loans secured on the main residences of vulnerable households, offering a lifeline to those facing financial challenges....

56. Hellenic Bank rakes in €240.7M in 2023's first 9 months

https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months

Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....

57. Creditors dispute foreclosure laws and strategic defaults

https://knews.kathimerini.com.cy/en/news/creditors-dispute-foreclosure-laws-and-strategic-defaults

Creditors reluctantly agree to extend the freeze on main residence foreclosures up to €350k, but tensions arise over proposed legislative changes....

58. Eurozone economic snapshot - November 13, 2023

https://knews.kathimerini.com.cy/en/business/eurozone-economic-snapshot-november-13-2023

Inflation in the Eurozone, which stood at 10.6% in October 2022, has decreased to 2.9% in October 2023, sparking optimism among central bankers....

59. Elizabeth McCaul unveils hidden financial dangers

https://knews.kathimerini.com.cy/en/news/elizabeth-mccaul-unveils-hidden-financial-dangers

A strong signal highlighting the need for closer scrutiny of non-bank financial institutions comes from Frankfurt, as Elizabeth McCaul, a member of the European Central Bank's Supervisory Board, emphasizes the potential risks....

60. Why Astrobank and CDB bank couldn’t agree on a price

https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price

The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....

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