The total assets of investment funds operating in Cyprus increased by 2.5 percent to €8.37 billion in June, with the number of funds rising to 353, according to the Central Bank of Cyprus.

An official from the Central Bank of Cyprus has published an analysis highlighting potential risks associated with new international audit requirements, linking stronger internal audit to public trust.

Euroxx Securities has increased its target price for Bank of Cyprus shares to 13 euros, up from 11.5 euros previously.

The Central Bank of Cyprus (CBC) has established the reference interest rate at 11.32 percent. This rate was set in accordance with Article 314A of the Criminal Code Law, utilizing the powers granted to the CBC.

Cypriots withdrew a total of €2.6 billion as the number of automated teller machines (ATMs) across Cyprus continued to decline. The total number of ATMs fell slightly from 398 at the end of the second half of 2024 to 396 by the end of the second half of 2025, according to the Central Bank of Cyprus.

Christodoulos Patsalides, the Governor of the Central Bank of Cyprus, has expressed support for the European Central Bank's cautious stance on interest rates. He warned that inflation risks are increasing due to persistently high energy prices.

Wealthyhood, in partnership with Bank of Cyprus, has launched trading for retail investors across Cyprus, Greece, and Europe, opening up the Cypriot market.

The Central Bank of Cyprus (CBC) governor, Christodoulos Patsalides, has cautioned about potential upward inflation risks, citing the persistent conflict in the Middle East.

Bank of Cyprus is highlighted for its strong support for students embarking on higher education journeys, both domestically and internationally, recognizing it as a significant milestone filled with opportunities and personal growth.

The Central Bank of Cyprus has issued an open invitation for tenders for the minting, packaging, and delivery of new gold and silver collector coins, designated as Tender Number 12/2026.

The Bank of Cyprus and Wealthyhood have launched a co-branded investment platform to make investing more accessible in Cyprus, available to all residents regardless of their bank affiliation.

The value of bounced cheques issued in Cyprus rose to €37,188 in June, despite only a slight increase in the number of cases, according to figures released by the Central Bank of Cyprus.

Bank of Cyprus has released a comprehensive guide to home ownership, highlighting its significance as a pillar of economic and social security for families in Cyprus.

The Bank of Cyprus announced it received two major honors at the EMEA Finance Achievement Awards 2025 for its €300 million Tier 2 bond issuance, strengthening its position in international capital markets.

The Faneromeni ’26 Art Festival will feature the musical performance “Resonances” on July 9, a collaboration between the Lyra Quartet and the vocal ensemble Kalesma, led by Socrates Sinopoulos.

Bank of Cyprus is scheduled to publish its financial results for the first half of the year on August 4. This announcement is expected to bring significant news for the stock market.

A roundup of Cyprus business news highlights the strong position of Bank of Cyprus and Eurobank for a re-rating of Hellenic banking stocks, with Roemer Capital upgrading BoC to a buy recommendation, alongside updates on tourism, Logicom, Tototheo, fuel, UBS, and the CSE.

The second event of the Faneromeni26 Arts Festival, organized by the Bank of Cyprus Cultural Foundation, will feature the musical performance 'Dimman Liman' in downtown Nicosia on Thursday, June 25. The contemporary musical-theatrical project aims to charm audiences.

Apartment prices in Cyprus increased by 10.8 percent in the first quarter of 2026 compared to the previous year, driven by strong demand, particularly from foreign buyers, according to figures released by the Central Bank of Cyprus.

According to the Central Bank of Cyprus' latest bank lending survey, loan demand increased across businesses and households in Cyprus during the first quarter of 2026, while lending criteria remained unchanged.

Christodoulos Patsalides, Governor of the Central Bank of Cyprus, has advocated for the introduction of mandatory financial literacy courses in schools to better prepare young people for their financial futures.

The Central Bank of Cyprus (CBC) has published a summary overview of its governance framework, detailing its structures, principles, and decision-making mechanisms to enhance transparency.

The Bank of Cyprus' SupportCY initiative is collaborating to improve fire safety standards in schools, launching a fire safety training program at Astromeritis primary school. This effort aims to enhance preparedness and safety for students and staff.

The Central Bank of Cyprus reported a 23.6% fall in the profitability of the country's banking sector during the first quarter of 2026, amounting to a €62 million decrease.

The Central Bank of Cyprus announced that excess liquidity in the Cypriot banking system decreased to €17.4 billion by the end of 2025, down from €18.4 billion a year prior.

The Bank of Cyprus (BoC) has been recognized as the best bank in Cyprus in the World’s Best Banks Awards 2026 by Global Finance, citing its strong performance and strategic initiatives in 2025.

Bank of Cyprus (BoC) and the Federation of Nicosia Primary Schools’ Parents’ Associations have announced a strategic partnership aimed at strengthening ties with the school community and developing socially impactful initiatives.

Deputy Shipping Minister Marina Hadjimanolis attended receptions in Athens hosted by Columbia Shipmanagement and Bank of Cyprus, aiming to strengthen Cyprus's presence around the Posidonia 2026 exhibition.

The Central Bank of Cyprus (CBC) hosted a high-level joint visit from top European financial regulators on May 22, 2026, to emphasize its active role in European banking oversight.

Shareholders of Bank of Cyprus are set to secure their right to a supplementary dividend today, ahead of the ex-dividend date on Monday.

The Bank of Cyprus has approved a record dividend payout for 2025. This financial decision was a key highlight in recent Cypriot business news.

Eaton Vance Management has disclosed that it reduced its shareholding in Bank of Cyprus Holdings PLC, bringing its stake below the 3 percent regulatory threshold.

The Central Bank of Cyprus announced a decrease in the number of bounced cheques in April, though their total value remained largely stable.

The market has reacted positively to the Bank of Cyprus's fundamental figures for the first quarter, with its stock price approaching record levels.

The Bank of Cyprus Cultural Foundation is opening its spaces with a series of events to mark International Museum Day and European Night of Museums 2026, inviting the public to explore history and connect past with present.

Cyprus maintained some of the eurozone's lowest deposit interest rates in March 2026, according to the Central Bank of Cyprus, while lending rates remained consistent with euro area averages.

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, according to figures released by the Central Bank of Cyprus, while lending rates were broadly aligned with the euro area average.

Cyprus household financial assets reached €65.1 billion by the end of December 2025, with over half held in cash and deposits, while household debt stood at €19.8 billion, according to the Central Bank of Cyprus.

The Central Bank of Cyprus reported a significant net increase of €528.1 million in total loans for March 2026, indicating continued growth in the country's banking sector.

The Bank of Cyprus Holdings PLC has announced amendments to the final terms of its €650 million Series 2 Floating Rate Covered Bonds.

The Bank of Cyprus has published its annual general meeting (AGM) notice, detailing its financial position, governance, and proposed shareholder returns, including dividend and buyback plans.

The Central Bank of Cyprus (CBC) has reported a significant decrease in the average monthly number of individuals and companies registered for issuing bounced cheques in 2025 compared to the previous year.

The Bank of Cyprus (BoC) has been recognized as the ‘Best Private Bank Cyprus 2026’ at the Global Banking & Finance Awards, acknowledging its excellence in private and affluent banking services.

The annual Christodoula March, organized by the Cyprus Anti-Cancer Society and the Bank of Cyprus, has been postponed. The decision was made to ensure participant safety amidst forecasts of severe weather conditions.

A weekly wrap-up of Cyprus business news highlights the Bank of Cyprus's initiative to support the hotel industry and reward customers amidst regional challenges.

Digital banking has transitioned from an optional service to a fundamental tool for managing finances in Cyprus, with Bank of Cyprus data for 2025 showing a significant increase in its use.

The Central Bank of Cyprus has announced that all local banking institutions will be closed for a three-day period to observe the annual Orthodox Easter holidays.

The Governor of the Central Bank of Cyprus highlights the resilience and prudent strategy of the Cypriot banking sector as it navigates an environment of heightened uncertainty and evolving risks.

The Bank of Cyprus Holdings Public Limited Company announced its total issued share capital stands at 435,772,799 ordinary shares, each with a nominal value of €0.10 and carrying one voting right.

The Bank of Cyprus launched a cybersecurity initiative in Limassol, engaging students in its 'The Young Ask and Provide Solutions' program to address threats to critical infrastructure.

The Bank of Cyprus's acquisition of €150 million in performing loans and €500 million in deposits from Cyprus Development Bank (CDB Bank) continues to signal a new phase of consolidation within Cyprus's banking sector, thirteen years after the financial crisis.

Total bank deposits in Cyprus rose by €202 million in February 2026, marking a 4.7 percent year-on-year increase, following a dip in January, according to the Central Bank of Cyprus.

The Bank of Cyprus (BoC) announced a support package to assist livestock farmers and other businesses and individuals impacted by foot and mouth disease.

The Bank of Cyprus Cultural Foundation (BoCCF) will host a presentation on April 3 detailing the mission, operation, activities, and relationship with Cyprus of the Historical and Palaeographical Archive of the National Bank of Greece Cultural Foundation.

The Bank of Cyprus (BoC) has announced the date for reviewing its audited financial statements for the year ended December 31, 2025, and released an updated financial calendar for 2026.

The Central Bank of Cyprus reported that the banking sector's profitability declined in 2025, with aggregate profits dipping to €1 billion, while assets grew to nearly €70 billion.

International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows meetings with major lenders including Eurobank, Alpha Bank, National Bank of Greece, Piraeus Bank and the Bank of Cyprus. According to Greek business outlet Newmoney, the above assessment was […]

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, stated that the country is navigating current economic challenges from a strong position, citing its sound economic fundamentals.

Bank of Cyprus cardholders can receive six months of Foody Pro, offering €0 delivery fees and exclusive offers, by making purchases of at least €100 in March at supermarkets.

Bank of Cyprus has introduced 'Joey', a new banking application designed to promote financial literacy among children and teenagers, equipping them with essential financial knowledge.

The Central Bank of Cyprus announced that 670 counterfeit euro banknotes were withdrawn from circulation last year, a 17.1% increase from the previous year, with the €55 note being the most counterfeited.

The Central Bank of Cyprus (CBC) has announced two new public tenders, one for critical IT security infrastructure and another for in-house cafeteria service provision.

Recognising the seriousness of the public health crisis arising from confirmed cases of Foot-and-Mouth Disease (FMD) in the Larnaca district, Bank of Cyprus (BoC) has proceeded with the immediate…

The Central Bank of Cyprus (CBC) has announced that it will survey citizens across the island on savings and investment issues ahead of a public dialogue event in March. The central bank said it is organising an event on March 26, 2026 titled Financial Literacy for Life – European Citizens’ Dialogue. The event will take […]

Cyprus banks maintained a non-performing loan ratio of 1.6 percent at the end of May 2026, according to the Central Bank of Cyprus. This performance indicates that the sector's asset quality is significantly better than the EU-wide average recorded two months prior.

Euroxx Research has raised its earnings forecasts for the Bank of Cyprus for 2026-2028 and increased its target price for the lender’s shares to €13 from €11.50, following stronger-than-expected first-half results.

A Central Bank of Cyprus report indicates that Cypriot banks continued to offer deposit rates significantly below the eurozone average in June 2026. The report also highlighted persistent differences in both savings and lending rates among individual lenders.

The Bank of Cyprus announced a profit after tax of €252 million for the first six months of 2026, marking a 7 percent year-on-year increase, and also declared a 20 percent higher interim dividend.

The Central Bank of Cyprus published an Economic Brief examining how the European Central Bank’s recent monetary policy cycle reshaped the composition of bank lending in Cyprus, concluding a marked shift towards longer-term loans.

The Central Bank of Cyprus (CBC) will implement stricter licensing rules for electronic money and payment institutions starting August 3, 2026, introducing a new pre-application stage, higher fees, and tougher scrutiny.

Eurobank, Bank of Cyprus, and Alpha Bank are expected to report strong profitability, driven by credit expansion and resilient economies in Greece and Cyprus, with potential for significant shareholder distributions.

The Bank of Cyprus has been named “Best Sub-Custodian Bank in Cyprus 2026” by Global Finance, an international financial publication, reaffirming its strong position in custody and post-trade services.

The Bank of Cyprus Cultural Foundation’s Faneromeni26 Festival will present the musical performance 'TRACKS: Echo of Now, Rhythm of Yesterday' on Thursday, June 30, 2026, which blends oral tradition with hip-hop.

The Bank of Cyprus (BoC) has announced that all future dividend payments to shareholders holding ordinary shares through depositary interests on the Cyprus Stock Exchange (CSE) will be exclusively made via electronic transfer.

The Central Bank of Cyprus (CBC) has issued a warning about growing cyber risks posed by advanced artificial intelligence models, citing concerns from the European Systemic Risk Board (ESRB).

Bank of Cyprus has revised its Privacy Statement as part of its strategy to protect personal data and comply with the requirements of the EU's GDPR regulation.

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides this week participated in the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, an annual gathering focused on…

The Central Bank of Cyprus (CBC) has revised down its economic growth forecasts for 2026 and 2027, citing the ongoing impact of the war in the Middle East and warning of continued downside risks.

The Central Bank of Cyprus reported a €256 million increase in the value of loans managed outside the country's banking system during the first quarter of 2026, driven primarily by higher household and business borrowing.

The Central Bank of Cyprus (CBC) announced its decision to keep the countercyclical capital buffer rate at 1.5%, deeming the current level appropriate for financial stability.

Limassol-based investment firm Roemer Capital has expressed confidence in Cypriot banks, upgrading Bank of Cyprus to a buy recommendation and noting Eurobank's strong position.

The Central Bank of Cyprus (CBC) has introduced a new 'Statistics Explained' section on its website to enhance public understanding of economic data and strengthen statistical literacy.

A Central Bank of Cyprus official stated that the digital euro will not replace cash and is planned to offer offline transactions and physical cards, with a full rollout expected by 2030.

The Bank of Cyprus Cultural Foundation’s Faneromeni26 Festival, scheduled for June 25, 2026, will present ‘*Dimman ·Liman’, a contemporary musical-theatrical project inspired by various sources.

An awards ceremony was held at the Bank of Cyprus headquarters to honor students who excelled in district, Pancyprian, and international mathematics competitions, organized by the Cyprus Mathematical Society.

The Central Bank of Cyprus has released a new set of Cyprus euro coins featuring paintings by the renowned local artist George Pol Georgiou. The collection includes four of Georgiou’s works, such as 'Interior of My Bungalow' and 'Self-Portrait'.

The Bank of Cyprus Cultural Foundation’s Faneromeni26 Festival is set to open with a musical storytelling performance titled 'MYTHOS-From Cyprus to the World'.

The Central Bank of Cyprus stated that the country's pension system is facing demographic pressures, noting that Cyprus ranks third in the eurozone for the number of pension funds despite a recent decline.

The Central Bank of Cyprus (CBC) reported a decrease in bounced cheques for May 2026, with ten cheques totaling €32,026 registered in the Central Information Register.

The Central Bank of Cyprus has reported that the transmission of European Central Bank interest rate changes to the Cypriot banking sector is weaker compared to most other euro area countries, resulting in the lowest deposit rates in the Eurozone.

The Bank of Cyprus Cultural Foundation (BoCCF) will organize a series of events and workshops from June 12-14, 2026, to celebrate European Archaeology Days and educate the public on cultural heritage.

The Bank of Cyprus Oncology Centre has introduced a new PET/CT service, enhancing its diagnostic capabilities for cancer patients. This advanced imaging technology will aid in more precise cancer detection and treatment planning.

The Central Bank of Cyprus reported that the total assets of investment organizations in Cyprus increased by 3.5 percent, surpassing €8 billion by the end of March 2026, reflecting continued growth in the sector.

The Bank of Cyprus announced that 276,274 new shares, issued to senior executives under incentive schemes, will begin trading on Euronext Athens and the Cyprus Stock Exchange in May 2026.

The Bank of Cyprus held its annual general meeting, reviewing a year of strong financial performance, rising dividends, and continued strategic investment in digital banking, as detailed in its business update.

The Central Bank of Cyprus reported that interest rates on new housing loans decreased in March, but borrowing costs for businesses continued to be above the euro area average.

The Bank of Cyprus has garnered significant backing from analysts, with Deutsche Bank and Euroxx Securities reiterating positive recommendations following the lender's strong first-quarter results.

The Bank of Cyprus has reported its first-quarter results and announced plans to target higher payouts for shareholders. The bank is also exploring expansion opportunities into India.

Stella Philippou, manager of digital sales & business development at Bank of Cyprus, discusses how the institution is contributing to the evolving financial landscape in Cyprus, emphasizing a redefinition of customer relationships.

Bank of Cyprus shares have not only recovered pre-war levels but have also climbed to a new historic high, with the stock reaching 9.955 euros yesterday.

The Athens Stock Exchange experienced volatility as investors weighed diplomatic developments in the Middle East against the release of first-quarter financial results, with Titan and Metlen providing a boost and Bank of Cyprus reaching a record high.

The Bank of Cyprus (BoC) has released a statement providing updated figures for its total issued share capital and voting rights for regulatory reporting purposes.

The Bank of Cyprus Cultural Foundation (BoCCF) and the Pierides Museum are set to present an exhibition featuring the works of pioneering sculptor Nina Iacovou.

The Bank of Cyprus announced that American investment firm Eaton Vance Management has trimmed its holding in the bank, following a disposal of voting rights filed to the Cyprus Stock Exchange.

The Central Bank of Cyprus reported that ship management revenues surpassed €1 billion in the second half of 2025, representing a 2.3 percent increase from the first half of the year.

The Bank of Cyprus has been recognized as the 'Best Private Bank Cyprus 2026' by the Global Banking & Finance Awards, acknowledging its leadership in private and affluent banking.

The Christodoula March 2026, organized by the Cyprus Anti-Cancer Society and the Bank of Cyprus, has been postponed from April 18 to April 25 due to adverse weather conditions forecast by the Meteorological Service.

The Central Bank of Cyprus (CBC) announced that 94% of the €19.35 billion in total loan balances held by credit-acquiring companies at the end of 2025 are classified as non-performing.

The Bank of Cyprus board of directors has approved its annual financial report for 2025, highlighting strong profitability, lending growth, and capital strength.

The Central Bank of Cyprus reported that deposit rates in Cyprus remain among the lowest in the eurozone, alongside declines in lending rates and an increase in new loan activity for February 2026.

The Central Bank of Cyprus announced that its €5 silver collector coin 'Rigaina’s castles' has completely sold out at its counters, indicating strong public and collector demand.

The Bank of Cyprus Cultural Foundation is honoring Cypriot tradition with a workshop for adults on 'Perfect Wine Pairing for your Easter Table' on April 5th, as part of its research into intangible cultural heritage.

A roundup of business news from Cyprus covers topics including freedom, tourism, shipping, innovation, and the Bank of Cyprus, alongside a chess tournament.

The Bank of Cyprus Cultural Foundation's flagship exhibition, "Cyprus Insula – History, Memory, Reality," is traveling to Brussels as part of the Cypriot Presidency of the Council of the European Union. The exhibition explores the island's rich history and cultural identity.

The Bank of Cyprus announced its decision to proceed with the early redemption of its Tier 2 Capital Notes, marking the final stage in managing the €300 million debt instrument originally issued in 2021.

The Bank of Cyprus has completed the acquisition of the healthy assets and operations of CDB Bank, strengthening its position in the Cypriot banking sector.

The Central Bank of Cyprus reported that credit conditions for businesses and households remained stable in the fourth quarter of 2025, despite a significant increase in demand for residential and consumer loans.

The Bank of Cyprus held 30 meetings with major global investment funds, including Wellington, Fidelity, and T. Rowe Price, during the Morgan Stanley European Financial Conference in London, signaling strong investor interest.

The Central Bank of Cyprus announced that its total assets and liabilities reached €27.99 billion at the end of February 2026.

The Central Bank of Cyprus reported a decrease in the number of bounced cheques in February 2026, with 8 cheques totaling €47,460, compared to 34 cheques worth €42,493 in February 2025.

Societe Generale Bank – Cyprus has become the first bank on the island to agree a four-day working week for its staff, after reaching a collective agreement with banking union ETYK covering the period 2023–2027. Bank of Cyprus, Eurobank, Alpha Bank, the National Bank of Greece (Cyprus), the Housing Finance Corporation, KEDIPES and bank insurance […]

The Bank of Cyprus has stated its preparedness to face any economic uncertainty.

The Bank of Cyprus (BoC) is focusing on fintech and insurance sectors for targeted acquisitions as part of its 2026-2028 business plan, while also anticipating steady loan growth and preparing for increased competition.

The Bank of Cyprus (BoC) has announced updated financial targets and capital allocation plans, aiming for a 100 percent profit payout to shareholders by 2027. Additionally, BoC agreed to invest €6 million in Wealthyhood.

ATMs processed withdrawals worth €2.5 billion in the first half of 2025, according to data from the Central Bank of Cyprus (CBC), even as the total volume of transactions declined compared with the…

The Central Bank of Cyprus (CBC) has initiated a public survey to gather perceptions on savings and investment issues, ahead of a financial literacy event scheduled for March 26, 2026.

The Central Bank of Cyprus has extended the deadline for companies to submit tenders for minting, packaging, and delivering Cyprus euro silver and gold collector coins until September 25, 2026.

The Central Bank of Cyprus has announced it is accepting applications for two senior vacant positions within its workforce.

The Bank of Cyprus (BoC) has updated its corporate financial calendar, outlining key dates for its interim dividend distribution and future earnings announcements. This follows a robust financial performance in the first half of the year.

The Central Bank of Cyprus (CBC) reported that deposit interest rates increased in June 2026, while consumer borrowing costs eased. The value of pure new lending also saw a sharp monthly rise, primarily driven by large corporate loans.

The Central Bank of Cyprus reported that household financial assets reached €65.30 billion, with household debt edging higher in the first quarter of 2026.

Lidl Cyprus has been recognized as 'No. 1 in best price-quality ratio' for the third time, while Bank of Cyprus has been named Cyprus' best digital bank. Both companies have received significant accolades in their respective sectors.

A working paper by the Central Bank of Cyprus indicates that the country's 2026 personal income tax reform will primarily benefit upper-middle-income and high-income households with the largest financial gains.

The Bank of Cyprus announced it has been named Best Sub-Custodian Bank in Cyprus for 2026 by Global Finance, an international financial publication, in recognition of its strong performance in custody, depositary, and post-trade services.

Non-performing loans (NPLs) in Cyprus' banking sector slightly decreased to €830 million by the end of April 2026, according to the Central Bank of Cyprus, though the overall NPL ratio remained unchanged.

Bank of Cyprus shares are trading at a new historical high, successfully attracting buyers at levels above 10 euros.

The Bank of Cyprus has received significant recognition from global investors, securing third place in the Emerging EMEA Financials category in Extel’s annual survey, placing it among leading financial institutions.

Senior officials from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (CBC) stated that the future of payments will rely on trust, effective supervision, and responsible innovation as crypto assets integrate into mainstream finance.

New housing loans in Cyprus significantly increased in May 2026, with the average interest rate on new housing purchase loans reaching 4.06 percent, according to data from the Central Bank of Cyprus.

The Central Bank of Cyprus (CBC) has continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, as detailed in its latest annual climate-related financial disclosures.

The Central Bank of Cyprus has revised down its growth forecasts, citing heightened tensions in the Middle East as a key factor impacting the economy. This adjustment reflects concerns over regional instability affecting various sectors.

Cyprus's current account deficit widened and its international investment position deteriorated in the first quarter of 2026, with external debt increasing by €1.5 billion, according to the Central Bank of Cyprus.

The Bank of Cyprus Holdings Public Limited Company announced its board of directors will meet on August 3, 2026, to review financial results for the first half of the year and consider a dividend.

The Bank of Cyprus Cultural Foundation in old Nicosia will once again host free outdoor film nights as part of the returning Faneromeni26 Arts Festival.

The Central Bank of Cyprus announced that the digital euro will feature offline transactions, physical cards for non-smart device users, and is slated for a full rollout by 2030.

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has warned against complacency despite strong results for Cypriot banks. The central bank is examining the activation of a systemic risk buffer.

The Central Bank of Cyprus has revised down its economic growth forecasts for 2026 and 2027, citing the ongoing Middle East conflict as a key factor that poses risks of weaker growth and higher inflation.

Students who excelled in mathematics competitions both in Cyprus and internationally were honored at an awards ceremony hosted by the Cyprus Mathematical Society and the Bank of Cyprus. The event celebrated their talent, effort, and family pride.

The Central Bank of Cyprus reported that interest rates offered by Cypriot banks remain lower than the eurozone average, although the disparity has decreased in some categories.

The Cyprus Stock Exchange has announced adjustments to the weight factors of Bank of Cyprus and Eurobank within its FTSE/CySE20 Index, following a semi-annual review, with the changes set to take effect on Monday, June 22, 2026.

Cyprus' domestic banking sector maintained a stable non-performing loan ratio of 1.6 per cent in March 2026, consistent with figures from December 2025, according to data from the Central Bank of Cyprus.

The Bank of Cyprus (BoC) has introduced a new feature for its cardholders, allowing them to view the real-time location of merchants for every payment made via the BoC Mobile App and Internet Banking.

The Central Bank of Cyprus will host a financial literacy round table on June 18, bringing together European central banking figures and presenting new research on public attitudes towards savings and investment.

Deposits in the Cypriot banking system decreased by €123.1 million in April 2026, reversing a net increase seen in March, according to the Central Bank of Cyprus.

The Bank of Cyprus Public Company Limited has decided to exercise its right for the early redemption of its outstanding senior preferred notes, totaling €300 million.

Takis Arapoglou, the Greek banker leading Bank of Cyprus, has reportedly transformed the institution into a consistent high-dividend producer, distributing €514 million in dividends over just 13 months since 2019. He moved to Cyprus in 2019.

The Central Bank of Cyprus issued a public notice announcing that all banking institutions on the island will be closed on June 1, 2026, in observance of a scheduled bank holiday.

The Bank of Cyprus held its annual general meeting, where it outlined its strategy for growth, rising dividends, and continued investment in digital banking after a year of strong financial performance.

The Bank of Cyprus successfully launched and priced a €300 million senior preferred notes issuance under its EMTN Programme, with the deal being oversubscribed.

Bank of Cyprus announced a post-tax profit of €121 million for the first quarter, attributing the strong performance to significant lending growth.

The Greek stock market's General Index recorded a 0.60% increase, with trading value reaching 113.55 million euros. This rally occurred despite market uncertainty, with ELPE, PPC, and Bank of Cyprus shares performing well.

The banking sector in Cyprus recorded a historically low non-performing loans ratio in February 2026, according to figures released by the Central Bank of Cyprus, indicating continued stability.

Dinos Lefkaritis, Executive Managing Director of Petrolina (Holdings) Public Limited, was honored as ‘Man of the Year 2025’ in the Entrepreneur category at the Bank of Cyprus awards ceremony.

A Central Bank of Cyprus study reveals that high prices persist across the economy, eroding household purchasing power, especially for vulnerable groups, despite a sharp decline in inflation.

Cyprus bank deposits soared to a record €57.8 billion in March 2026, increasing by €426.8 million month-on-month, while loans grew at twice the economic rate, according to data from the Central Bank of Cyprus.

Cyprus's economic activity between 2026 and 2028 is projected to receive a significant boost from large private infrastructure investments and increasing exports, with tourism expected to recover next year, according to the Central Bank of Cyprus governor.

The Central Bank of Cyprus (CBC) has announced new adjustments to the cost of borrowing. This decision is expected to influence lending rates and economic activity within the country.

The Central Bank of Cyprus (CBC) announced that all banks across the island will remain closed on May 1, 2026, in observance of Labour Day.

The Bank of Cyprus published its Pillar 3 disclosures for the year ended December 31, 2025, providing insights into its risk profile, financial performance, and strategic direction.

The Central Bank of Cyprus announced that the non-performing loan ratio for the Cypriot banking sector held steady at 1.6 percent as of January 31, 2026, unchanged from the previous month.

The Central Bank of Cyprus reported that average interest rates for new housing loans in Cyprus were 3.04% in February, lower than the eurozone average of 3.41%, with deposit rates also remaining below the average.

The Bank of Cyprus' 'Small Creations, Great Contribution' event exceeded expectations, raising over €10,000 for the Cyprus Anti-Cancer Society. All proceeds from the two-day event held at Nicosia Mall were donated to the charity.

The Central Bank of Cyprus (CBC) reported declines in both deposit and lending rates for February 2026, alongside an increase in new loan activity, as part of its latest interest rate statistics.

The Bank of Cyprus announced a new initiative to support the hotel industry and reward its customers, aiming to boost local tourism amidst ongoing regional challenges.

Preliminary external statistics from the Central Bank of Cyprus indicate that the country's current account deficit narrowed to 6.4% of GDP in 2025, alongside improvements in its international investment position and external debt levels.

The Bank of Cyprus (BoC) board of directors has approved the annual financial report for the year ended December 31, 2025, which includes the audited consolidated financial statements and a €305 million distribution.

The Bank of Cyprus has been recognized for the second consecutive year with two major distinctions at the Euromoney Private Banking Awards 2026, including being named Best Private Bank.

Panayiota Karamanou, directorate-general of financial stability and resolution head at the Central Bank of Cyprus (CBC), highlighted the critical need to strengthen investor confidence to boost participation in the EU's Savings and Investment Union (SIU).

The Central Bank of Cyprus has significantly cut its economic growth forecast and sharply raised its inflation outlook for 2026, citing the ongoing Middle East conflict and geopolitical uncertainty as the primary drag on the island’s economy.

The Bank of Cyprus (BoC) has announced an agreement to acquire performing loans, deposits, and selected assets and liabilities from the Cyprus Development Bank (CDB), aligning with its growth strategy.

Cyprus experienced an accelerated increase in house prices during the fourth quarter of 2025, primarily driven by strong demand from both domestic and foreign buyers, according to the Central Bank of Cyprus.

The Bank of Cyprus on Wednesday reported strong investor interest during its participation in the Morgan Stanley European Financial Conference in London, following a series of high-level meetings…

The Central Bank of Cyprus (CBC) has announced the issue of a €5 silver collector coin titled “Rigaina’s castles”, marking the assumption of the Council of the European Union presidency by the Republic of Cyprus for the first half of 2026. The coin, produced in proof condition with mint year 2026, forms part of a […]

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (CBC) on Tuesday. The study, authored by Aris Avgousti and Stephani Michael of the centre for strategy and policy production, showed that banking concentration and […]

The Central Bank of Cyprus reported a significant drop in total net new loans in January 2026, with a decrease of €377.7 million compared to the previous month, while deposit rates remained low.

The Central Bank of Cyprus has issued a public notice informing individuals and businesses that banks will be closed for two upcoming national holidays.

Panicos Nicolaou, CEO of Bank of Cyprus, expresses a reassuring outlook despite geopolitical uncertainties and the presence of drones, as he manages imported challenges.

The Bank of Cyprus Cultural Foundation (BoCCF) is planning a new series of activities and events to mark the 10th anniversary of the Faneromeni Arts Festival (2016–2026), and issuing an open call for…

The Central Bank of Cyprus reported a significant net decrease of €851.2 million in total deposits for January 2026, despite an acceleration in annual loan growth.

Inflation in Cyprus is slowing, but the cost of living remains a challenge. In response, the Central Bank of Cyprus has launched a new digital blog to enhance public understanding of economic and central banking issues.