The planned re-establishment of the cooperative bank could strengthen competition in Cyprus’ financial sector and benefit both consumers and the wider economy, according to the president of the Cyprus ...

Cyprus has asked the EU for a bailout to support its banking sector, which has been badly affected by holdings in Greek sovereign bonds. But this is only part of the story. Far more serious than the ...

Cyprus’ banking sector recorded higher deposits and stronger lending in May 2026, according to figures by the Central Bank of Cyprus (CBC) covering deposits and loans at monetary financial ...

The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its ...

Maria Aristidou Demetriou, chief compliance officer at Cyprus-based Hellenic Bank, spoke to Compliance Week about derisking in the Cypriot banking sector since Russian’s invasion of Ukraine and ...

Bank of Cyprus demonstrated clear momentum during the review period, delivering measurable growth, enhancing its advisory capabilities, and advancing targeted digital initiatives that elevated its ...

Major technology conferences, international business events and the growing presence of foreign companies in Limassol have become a vital buffer against a sharp decline in tourism this year, according ...