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 the Ukraine, what we can...

S&P upgrades ‘resilient’ Cyprus credit rating

Rating agency Standard and Poor’s has upgraded Cyprus’ long-term credit rating by one notch to BBB from BBB- assigning a stable outlook, citing the...

Tackling the challenges ahead

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

European Commission Spring 2022 Economic Forecast for Cyprus

Following a strong rebound of 5.5% in 2021, economic activity is expected to slow down to 2.3% in 2022 due to the negative impact...

NEWS - ARTICLES

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...

EBF condemns invasion of Ukraine and expresses support for its people

The European Banking Federation (EBF) strongly condemns the invasion of Ukraine by Russian forces. Our thoughts are with the...

REPORTS

European Commission Spring 2022 Economic Forecast for Cyprus

Following a strong rebound of 5.5% in 2021, economic activity is expected to slow...

Total amount of new loans dropped to €278.4m

The total amount of new loans dropped to €278.4m in August 2021 according to...

MEDIA

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...

Cypriot banks to reduce costs

Jose Manuel Campa: Mergers are not an end in themselves and banks should have...