13 h. ago Cyprus banks see healthier loan portfolios, softer profitability

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the domestic financial system. The Central Bank of Cyprus said the non-performing loans ratio of the Cypriot banking sector, excluding loans and advances to central banks […]

Economics

15 h. ago Sustainability must shape every business function, says Eurobank

Eurobank highlighted the importance of embedding environmental, social and governance (ESG) principles into core business strategy rather than treating them as a communications exercise, during its participation in the 4th Cyprus ESG Forum. The aim, according to the bank, is to promote accountability and sustainable practices across the business community. The forum, held in Nicosia […]

Economics

18 h. ago Alpha Bank Cyprus staff join forces to support families this Christmas

Christmas is the season that reminds us that the greatest value lies in giving. With this in mind, Alpha Bank Cyprus continues to support those in need this year as well, participating once again in the Pancyprian Volunteer Coordinating Council’s “Adopt a Family for Christmas” campaign.This year, the Bank chose to give its participation an […]

Politics

41 h. ago Cyprus bank workers win pay boost and extra leave in landmark deal

Cyprus bank workers win pay boost and extra leave in landmark deal  Kathimerini

Economics

3 d. ago Cyprus Business Now: EIB survey, AI adoption, Keve, unemployment, Eurogroup, PwC

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Politics

4 d. ago Cyprus business investment activity remains strong, EIB survey finds

Cypriot businesses are continuing to invest, innovate, and remain resilient in the face of geopolitical tensions and global trade disruptions, according to the latest European Investment Bank (EIB) investment survey for Cyprus. The survey found that investment activity in Cyprus remains strong, with almost all businesses making investments, primarily focusing on innovation, even though the […]

Economics

4 d. ago Central Bank of Cyprus keeps countercyclical buffer rate at 1.5 per cent

The Central Bank of Cyprus (CBC) on Friday announced that it deemed it appropriate to maintain the countercyclical buffer (CCyB) rate at 1.5 per cent, effective as from January 14, 2026. The CBC’s decision to leave the countercyclical buffer rate unchanged at 1.5 per cent was made under the legal framework governing the oversight of […]

Sport

4 d. ago Oncology data breach under investigation as authorities assess failings

The personal data protection commission has confirmed on Friday it is investigating a serious breach at the Bank of Cyprus oncology centre. The authority said it was informed by the centre in line with obligations under the general data protection regulation and national law, with the latter later having filed a complaint with the police […]

Events

4 d. ago Cyprus Business Now: AI, tourism, housing, banks, shipping, employment

Cyprus can secure a leading role in the next era of smart and sustainable tourism if it embraces Artificial Intelligence (AI) with urgency and strategic clarity, Deputy Minister for Research, Innovation and Digital Policy Nicodemos Damianou said on Wednesday, addressing a joint government conference on AI and tourism. Damianou opened his remarks by congratulating Deputy […]

Economics

5 d. ago Hackers hit Bank of Cyprus Oncology Center, steal patient data

Hackers hit Bank of Cyprus Oncology Center, steal patient data  Kathimerini

Events

5 d. ago Eurobank’s €pistrofi rewards scheme now available to Cyprus customers

Eurobank is the first Greek banking group to extend its card rewards programme to Cyprus via the renewed €pistrofi programme, which now unites Greece and Cyprus under a single rewards scheme. In Greece, the €pistrofi programme is the largest card rewards scheme in terms of its network of participating businesses, returning euros to Eurobank cardholders. […]

Economics

5 d. ago Alpha Bank receives certification for health and safety standards

Alpha Bank Cyprus on Thursday announced that it has successfully completed the certification processes for the international standards ISO 14001:2015 and ISO 45001:2018, integrating all its operations, branches, and workplaces into two comprehensive systems. These include an environmental management system and an occupational health and safety management system. “Through these certifications, the bank ensures that […]

Politics

5 d. ago Bank of Cyprus: ''Best Foreign Exchange Bank in Cyprus'' by Global Finance

Bank of Cyprus: ''Best Foreign Exchange Bank in Cyprus'' by Global Finance  Kathimerini

Economics

5 d. ago BoCCF sweets workshop to bring unique twist to Christmas delights

Continuing its successful collaboration with author and educator Florentia Kythreotou, the Bank of Cyprus Cultural Foundation (BoCCF) invites you to another unique workshop for adults, dedicated to Christmas delights with a fresh and creative twist. Imaginative no-cook recipes will be presented, drawing inspiration from Cypriot tradition and revamping familiar flavours through new combinations of ingredients […]

Sport

8 d. ago Banking sector steadies as Cyprus eyes a more resilient future

After a turbulent decade marked by restructuring, regulatory tightening and a gradual restoration of public trust, the island’s banks are entering a new chapter shaped by consolidation, rising profitability and renewed international recognition.At the same time, pressures around household debt, housing affordability and governance reform remind us that recovery cannot be mistaken for completion.Cyprus is […]

Events

8 d. ago Winner of October’s Alpha Spend & Win draw bound for Singapore, Bali

Alpha Bank Cyprus is sending the lucky winner of the October draw of the Alpha Spend & Win draw to the heart of Asia, from impressive Singapore to dreamy Bali. It is a unique prize that combines the modern pace of one of the world’s most cosmopolitan cities with the serenity and beauty of one […]

Politics

1 week ago Bank of Cyprus introduces the Virtual Card, the card that lives in your phone and shops online

Bank of Cyprus (BoC) has introduced its new Virtual Card, launched under the central message ‘The card that lives in your phone’, bringing the online shopping experience directly into everyday life. The product combines flexibility, security, and instant access to the digital world, offering customers a smart way to make online payments, subscriptions, and purchases […]

Politics

1 week ago Cyprus Business Now: housing, gamification, basketball player investing, loans

TechIsland held its first Town Hall discussion in Limassol on Thursday, bringing together senior representatives from Ask Wire, PwC Cyprus, Leptos Estates, Neapolis University Paphos, Bank of Cyprus, Cybarco Development Ltd, SPORTSOFT, PASCAL International Education, Imperio, Lanitis Entertainment Ltd, payabl. and Wargaming for a focused examination of Cyprus’ tightening housing pressures. The closed session brought […]

Economics

1 week ago Michalis Athanasiou takes over as Chief Business Officer at National Bank of Greece (Cyprus)

National Bank of Greece (Cyprus) has appointed Michalis Athanasiou as Chief Business Officer, in a move that strengthens its management team during a period of dynamic growth and strategic upgrading of the Group’s presence in Cyprus. Athanasiou brings extensive experience from senior management positions across Cyprus, Australia and Luxembourg. Moreover, his career includes managing critical […]

Economics

1 week ago New loans decline in October, offset by rising housing credit and higher rates

Net new loans in Cyprus fell by €18.5 million in October to €429.4 million, mainly due to a slowdown in lending to companies, while housing loans continued to rise, according to data published this week by the Central Bank of Cyprus (CBC). Total new loans reached €624.9m, compared with €770.5m in September, when net new […]

Politics