Banking as a factor of stability in times of instability

The banking sector in Cyprus, alongside the rest of the world, has seen one of its most stressful and difficult periods during the past...

Greek, Cypriot Banks Improve Credit Profiles by De-Risking

Fitch Ratings-London-17 July 2023: Greek and Cypriot banks’ credit profiles have improved in the past year due to de-risking and restructuring, Fitch Ratings says...

Fitch Upgrades Cyprus to ‘BBB’; Outlook Stable

Fiscal Outperformance, Surpluses Expected: Public finances improved significantly last year, with the general government balance turning from a deficit of 1.7% of GDP in...

Cyprus protests portrayal as safe haven for Russian money

Cyprus's finance minister says the country has frozen about 1.5 billion euros ($1.6 billion) in Russian-linked deposits and assets in accordance with European Union...

NEWS - ARTICLES

Banking as a factor of stability in times of instability

The banking sector in Cyprus, alongside the rest of the world, has seen one of its most stressful and...

We do not have the luxury to fail

Nearly three years into the pandemic and following the humanitarian crisis and inflationary conditions triggered by the War in...

Tackling the challenges ahead

Panikos Nicolaou, Chairman of the Board of Directors At a time when the global economy faces unprecedented challenges, Cyprus’ banking...

REPORTS

Greek, Cypriot Banks Improve Credit Profiles by De-Risking

Fitch Ratings-London-17 July 2023: Greek and Cypriot banks’ credit profiles have improved in the...

Fitch Upgrades Cyprus to ‘BBB’; Outlook Stable

Fiscal Outperformance, Surpluses Expected: Public finances improved significantly last year, with the general government...

MEDIA

Cyprus protests portrayal as safe haven for Russian money

Cyprus's finance minister says the country has frozen about 1.5 billion euros ($1.6 billion)...

S&P upgrades ‘resilient’ Cyprus credit rating

Rating agency Standard and Poor’s has upgraded Cyprus’ long-term credit rating by one notch...

Cypriot NPLs in quarterly drop of 14.4%

Nonperforming loans in Cyprus recorded a decrease of 722 million euros, or 14.4%, in...