The Bank of Cyprus on Friday announced that it has responded to the European Central Bank’s (ECB) interest rate reduction decisions, lowering its reference rate for loans linked to the ECB’s base rate ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
Cypriots are using their cards more than ever, new data from the European central bank reveals. In the first half of 2024, card payments made up 73 per cent of all cashless transactions, a rise of 0.8 ...
Interest rates in Cyprus continued to decline in November 2024, with home loan rates averaging 4.50 per cent, down from 4.62 ...
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 ...
(RTTNews) - The Central Bank of Cyprus hiked the countercyclical buffer rate for financial institutions on Tuesday citing an increase in cyclical system risks and a rise in the reputational risk.