Cyprus Mail on MSN9h
CBC sets reference interest rate at 11.5 per cent
The Central Bank of Cyprus (CBC) has set the reference interest rate at 11.5 per cent, following the authority granted under ...
Cyprus Mail on MSN1d
Cyprus sees €977.4 million surge in deposits
Cyprus saw a substantial increase in loans in December 2024, with a rise of €503.2 million following a decrease the previous ...
Compliance Week3d
Q&A: Hellenic Bank CCO on progress made to fight corruption in Cyprus
Maria Aristidou Demetriou, chief compliance officer at Cyprus-based Hellenic Bank, spoke to Compliance Week about derisking ...
Hosted on MSN4d
Etyk allocates €25 million to Bank of Cyprus employees
Bank employees’ union (Etyk) on Monday announced plans to distribute €25 million to former and current employees of the Bank of Cyprus who were union members in 2011. This decision aims to partially ...
Bank of Canada's view on tariff impacts reverberates ahead of Fed decision
The Bank of Canada outlined the possible impacts of an all-out trade war with the U.S. on Wednesday, which could end up having ramifications for Federal Reserve officials. One of the BoC's conclusions ...
Bank of Canada Likely to Cut Rates by 25bps, Give Tariff Impact Analysis
BoC Governor Tiff Macklem will announce the governing council's decision at 9:45 a.m. ET (1345 GMT) on Jan. 29. The bank will ...
Hosted on MSN2d
Cyprus Business Now: bank exit scheme, economic index, Limassol initiative
Hellenic Bank is preparing to launch a new voluntary early retirement scheme aimed at reducing its workforce by a substantial number of employees, with completion targeted by the end of 2025, it ...