The Cyprus Chamber of Commerce and Industry (Keve) on Thursday released a statement outlining its position against the proposed imposition of additional taxation on banks, arguing that such a measure ...

The Cypriot banking sector experienced a further improvement in terms of the volume of non-performing loans across the system, according to a report from the Central Bank of Cyprus (CBC) with a ...

Cyprus’ banking sector recovery after the 2013 crisis reflects “the coherent and consistent functioning of two essential pillars, banks’ commitment to act and supervisors’ firm oversight,” said George ...

NICOSIA, Cyprus — There were long lines of anxious people but no sign of trouble as banks in Cyprus opened Thursday for the first time in nearly two weeks, after an international bailout that sought ...

NICOSIA, Cyprus — Cyprus' banks said Friday their exposure to Russian and Ukrainian businesses shrunk by more than 13,000 clients and 35,000 accounts, amounting to 2 billion euros ($2.17 billion), in ...

Cyprus has achieved a long-term sovereign credit rating upgrade to A from Scope Ratings due to exceptionally strong fiscal performance.

Maria Aristidou Demetriou, chief compliance officer at Cyprus-based Hellenic Bank, spoke to Compliance Week about derisking in the Cypriot banking sector since Russian’s invasion of Ukraine and ...

Cyprus has asked the EU for a bailout to support its banking sector, which has been badly affected by holdings in Greek sovereign bonds. But this is only part of the story. Far more serious than the ...

(AP) The chairman of Cyprus’ second-biggest bank Laiki Bank has resigned. Michalis Sarris said that he stepped down Thursday after Central Bank Governor Panicos Demetriades had asked him to. He said ...