Moody's Ratings (Moody's) has today upgraded Bank of Cyprus Public Company Limited's (Bank of Cyprus) ratings, with the exception of the Prime-2 short-term Counterparty Risk Ratings (CRRs) and Prime-...
The broad acceptance of the digital euro throughout the EU, high levels of security, ease of use and the guarantee for user privacy are some of the benefits of the digital currency - still in the...
09/07/2024
Although the lending interest rate for non-financial corporations for amounts over €1 million recorded an increase of 0.52% in May, new loans granted in May 2024 to these companies increased by 10%...
05/07/2024
In June 2024, the number of bounced cheques stood at 12, with a total value of €13,048, according to the Central Bank of Cyprus which released on Thursday the statistics relating to the Central...
04/07/2024
Cyprus' balance of payments and international investment position (IIP) improved, while net external debt decreased in the first quarter of 2024 compared to the corresponding quarter of 2023,...
04/07/2024
The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central...
03/07/2024
Fitch Ratings has upgraded Bank of Cyprus Public Company Limited's (BoC) Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BB' and Viability Rating (VR) to 'bb+' from 'bb'. The Outlook on the Long...
03/07/2024
The Central Bank of Cyprus decided to maintain the countercyclical buffer (CCyB) at 1%. According to a press release, the CBC, in accordance with the provisions of the Macroprudential Oversight of...
02/07/2024
Total deposits and total loans in May recorded an increase according to the Central Bank of Cyprus (CBC) which released on Thursday the Monetary Financial Institutions (MFIs) Deposits and Loans...
28/06/2024
State-owned asset management company, KEDIPES began sending the first approvals for eligible borrowers as part of the government-funded mortgage-to-rent scheme.Speaking to CNA, Lambros Papadopoulos,...
27/06/2024