33 m. ago Cyprus Business Now: Hellenic Bank, BoC buyback, Ermes, Cyta acquisition, hotels

The Cyprus Stock Exchange (CSE) on Friday ratified the suspension of trading in the shares of Hellenic Bank Public Company Ltd, following a recent meeting of the CSE Council. The ratification was made under Article 184 of the Cyprus Stock Exchange Law and formalises the suspension decision first announced on May 9, 2025. The suspension […]

Economics

45 h. ago After 49 years, Hellenic Bank gets renamed – What will change for customers

After 49 years, Hellenic Bank gets renamed – What will change for customers  Philenews

Economics

68 h. ago Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank

Hellenic Bank and Eurobank Cyprus to merge under one name: Eurobank  Kathimerini.com.cy

Politics

3 d. ago Hellenic Bank highlights future of banking at Reflect Festival

Hellenic Bank on Tuesday released a statement summarising its participation at this year’s Reflect Festival, highlighting its commitment to innovation, digital transformation, and the strategic role of technology in the future of banking. The festival is one of the largest technology and innovation events in Cyprus and the Mediterranean, with over 10,000 people participating in […]

Politics

9 d. ago Cyprus Business Now: Hellenic Bank, Ermes, Tourism, Lady’s Mile

Hellenic Bank on Wednesday announced a reduction in its base interest rate by 0.33 percentage points, from 1.75 per cent to 1.42 per cent, effective from May 16, 2025. “This move will benefit the majority of the bank’s borrowers—more than 90,000—by easing their loan repayment terms,” the bank said. It further stated that this development “actively […]

Economics

1 week ago Hellenic Bank awarded dual environmental certifications for its sustainability efforts

Hellenic Bank has received dual environmental certifications this year, according to an official announcemnet released this week. The announcement noted that this “affirms its ongoing commitment to environmental protection and energy management”. Specifically, the bank successfully completed the certification process for its Environmental Management System in line with the international ISO 14001 standard, as well […]

Events

2 w. ago Cyprus Business Now: EV subsidies, Paphos investments, ERA sale, Hellenic shares

Trading of Hellenic Bank Public Company Ltd shares will be suspended from Thursday, May 15, 2025, following the exercise of a squeeze-out right by Eurobank S.A. The move comes after the Cyprus Securities and Exchange Commission (CySEC) formally recognised Eurobank’s right to proceed with the compulsory acquisition of up to 100 per cent of Hellenic Bank’s issued […]

Economics

2 w. ago Hellenic Bank shares suspended as Eurobank proceeds with squeeze

Trading of Hellenic Bank Public Company Ltd shares will be suspended from Thursday, May 15, 2025, following the exercise of a squeeze-out right by Eurobank S.A. The move comes after the Cyprus Securities and Exchange Commission (CySEC) formally recognised Eurobank’s right to proceed with the compulsory acquisition of up to 100 per cent of Hellenic […]

Economics

2 w. ago Cyprus Business Now: Hellenic Bank, Eurobank, Inflation, Oev, Rodon Hotel

Hellenic Bank on Thursday reported a profit of €45 million for the first quarter of 2025, with the bank saying that this underscores the strength of its business model. Moreover, the bank stated that the latest results reflect its solid capital position. It reported a pro forma Common Equity Tier 1 (CET1) ratio of 32.38 per […]

Economics

2 w. ago Cyprus banking networks contract as digital shift reshapes sector

Cyprus’ banking sector has undergone a profound transformation since the 2013 financial crisis, marked by sweeping consolidation, branch closures, and a rapid shift towards digital banking. Since 2013, several key players have exited the scene. Laiki Bank and the Cooperative Bank have both shut down. Hellenic Bank, which absorbed the Cooperative, is now part of […]

Economics

3 w. ago Eurobank moves to acquire all Hellenic Bank shares through squeeze out

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has submitted an application to the Cyprus Securities and Exchange Commission (CySEC) to exercise its squeeze out right for the full acquisition of Hellenic Bank Public Company Limited. This follows the completion of its successful takeover bid, announced on April 25, 2025, through which […]

Politics

3 w. ago Cyprus Business Now: Nuclear energy, Hellenic Bank, Oev, CySEC

Nuclear energy continues to play a critical role in the European Union’s energy mix, covering approximately 22.8 per cent of total electricity generation, according to former chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poullikkas. In a detailed analysis, Poullikkas stressed that despite divergent national policies, the EU recognises nuclear energy as essential for […]

Economics