News

Cyprus Mail on MSN14h
Bank of Cyprus cuts lending rate to 2.40 per cent — 12K borrowers to benefit
The Bank of Cyprus on Thursday announced a reduction in its reference lending rate by 0.25 percentage points, responding directly to the European Central Bank’s latest rate cut. As of April 23, 2025, ...
Cyprus Mail on MSN10d
Cyprus must stay disciplined as risks escalate, says CBC governor
The Cypriot economy and banking sector remain resilient despite intensifying geopolitical instability and rising global trade tensions, according to Christodoulos Patsalides, governor of the Central ...
Cyprus Mail on MSN15d
Non-performing loan ratio drops; bank profitability broadly stable
The percentage of non-performing loans (NPLs) in Cyprus decreased to 6.2 per cent by the end of December 2024, down from 6.5 ...
Cyprus Mail on MSN7d
Cyprus banks cut mortgage rates, but gap with eurozone remains wide
Banks in Cyprus reduced interest rates on housing loans in February, according to comparative figures published by the ...
World Finance5y
How the Bank of Cyprus recovered from the economic crisis
Today, we are the only institution in the region that is concurrently governed by three different corporate governance frameworks (the UK Corporate Governance Code, the Corporate Governance Code of ...
jagranjosh.com3y
List of Central Banks of Various Countries of The World
Tulika Tandon is an Education Reporter & Writer with an experience of 5+ years. An MBA graduate and a long-time UPSC aspirant, she has devoted her life to helping the students find the right path ...
International Financing Review2y
Lone Star walks away from Bank of Cyprus deal
US private equity firm Lone Star has walked away from making a takeover offer for Bank of Cyprus, after being rejected with three approaches earlier this year. Bank of Cyprus said in August the latest ...