Total deposits in Cyprus’ banks recorded a net increase of €164.7 million in July 2024, compared with a net decrease of €44.1 million in June 2024, according to figures released on Wednesday by the...
Cypriot banks have almost zeroed funding from the Eurosystem via the Targeted Long-Term Refinancing Operations (TLTRO), with the latest data by the Central Bank of Cyprus (CBC) showing repayments...
21/08/2024
The Central Bank of Cyprus (CBC) has reported a notable increase in bounced checks for July 2024, according to preliminary data from the Central Information Register (CIR).In July, a total of 36...
13/08/2024
Baker Tilly Klitou and Partners Limited has been appointed by the Central Bank of Cyprus, as per applicable legislation and following a Public Procurement procedure with no. 03/2024, as “External...
12/08/2024
The Bank of Cyprus announced a 23% increase in post-tax profits, reaching €270 million for the first half of 2024, compared to the first half of 2023. The bank also upgraded its financial targets for...
08/08/2024
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., announced the successful completion of its mandatory takeover bid for Hellenic Bank Public Company Limited for the...
07/08/2024
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%, compared to the March 2024 forecast, in its June 2024 Economic...
06/08/2024
The overall solvency ratio of the Cypriot banking sector reached 25.7% in the first quarter of 2024, compared to 21.7% in the same quarter of 2023 and 25.5% in the last quarter of 2023.According to...
05/08/2024
Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (...
05/08/2024
The Cypriot economy continues to record considerable growth, demonstrating resilience and dynamism in a global economic environment full of challenges, Governor of the Central Bank of Cyprus (CBC),...
05/08/2024