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1. 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....

2. 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....

3. Woman loses €18,760 in new wave of fake fine text scam

A 62-year-old woman in Nicosia was scammed out of nearly €19,000 after falling victim to a fake text message claiming she owed a traffic fine, police said on Monday....

4. Bank of Cyprus sheds €2.5B in real estate, marks biggest property sale in island’s history

The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....

5. Building Stronger Bonds with Society – Bank of Cyprus Event Brings Together NGOs and Volunteers

Bank of Cyprus successfully hosted the event titled “Building Stronger Bonds with Society”, which brought together non-governmental organisations (NGOs), charitable foundations, and volunteer groups with the goal of strengthening collaboration and long-term sustainability....

6. Cyprus returns to three systemic banks after Alpha Bank Cyprus-AstroBank deal

Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....

7. Larnaca on the rise as new homes fuel real estate boom

Larnaca is quickly becoming one of Cyprus’ hottest property markets, with demand and prices for newly built homes climbing sharply in early 2025....

8. 25th Petrolina Annual General Meeting

On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....

9. CNP Cyprus rebrands as ERB after €182M acquisition by Hellenic Bank

By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....

10. Modi begins two-day visit to Cyprus, set to sign joint declaration on strategic cooperation

Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....

11. Deutsche Bank eyes return to Cyprus after nearly a decade

Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....

12. 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. ...

13. Audit flags conflict of interest in Parliament’s €77,500 furniture purchase

The architect who recommended a €77,500 furnishing labeled as "artwork" for the House of Representatives also holds a managerial position at the company that supplied the furniture, according to the Audit Service....

14. EY announces the appointment of 4 new partners in Cyprus

EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...

15. Deloitte Cyprus welcomes two new partners

Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....

16. payabl. launches Virtual Business Cards to empower smarter business spending

Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....

17. Freedom24 hits 100K users in Greece, driven by digital-savvy investors

18. Global VC investment rises in Q1’25 on back of record-setting $40 billion Open AI deal, according to KPMG’s Venture Pulse

Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....

19. Contactless payments coming to Famagusta buses this October

Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....

20. Cultivating success stories of innovation: Deloitte’s exclusive event celebrating tech start-ups

Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....

21. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

22. New ATMs reach remote corners of Cyprus

If you live in a village or remote area, getting access to cash just got a little easier....

23. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

24. The quiet city turning into Cyprus’ new investment hotspot

A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....

25. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....

26. Lidl Cyprus contributes to the financial support of consumers with Lidl Plus

The company is upgrading its consumer experience with its digital loyalty programme, through which users can save up to €1,700....

27. Apartments take the lead in Cyprus property market boom

Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....

28. PwC Cyprus: The Cypriot real estate market maintained its momentum in 2024

PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....

29. 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. ...

30. Nicosia nabs top spot in Cyprus's priciest property sales for March

Nicosia topped the charts in March with the most expensive property sale in Cyprus, a whopping €29.3 million office transaction in the central district of Agioi Omologites, according to property data firm Ask Wire....