The pandemic of the Covid-19 reduced by 35.6% the cash inflows...

Significant reductions of 35.6%, due to the coronation pandemic event last March, were presented by the cash inflows of the First Quarter of 2020...

Deposits decline for fifth consecutive month in May

Deposits in the Cyprus banking system marked a net reduction for a fifth consecutive month in May with total deposits amounting to...

Damage after tax € 2.2 million, announced for the first quarter...

A profit of € 0.6 million before tax and damage € 2.2 million after tax, the...

Right of Object to loan defaulters

The Supreme Court is putting a strain on the banks for the part of the sales, while giving more credit to the...

EBA: The crisis will hit assets and profitability of EU banks,...

The crisis is expected to affect the quality of European banks' assets and, consequently, their profitability, according to the European Banking...

Bank of Cyprus: Damages € 26 million due to increased provisions

The Bank of Cyprus announced losses after tax of € 26 million for the first quarter of 2020, recording increased credit...

Moody’s for RCB: High capital adequacy

The Bank also has a high quality of assets.The strong asset quality, the high capital adequacy...

Hellenic Bank: In the top five of the Eurozone’s systemic banks...

Among the top five liquidity banking systems in the eurozone is the Hellenic Bank, which ranks first in terms of the Liquidity...

Cyprus Banks: Suspension of mortgage real estate divestment process by...

Following the earlier decision, the Board of the Association of Cyprus Banks decided to extend the period of suspension of mortgage real...

EU special plan for “black money”

The European Union is determined to establish an oversight body to enforce anti-money laundering rules within the EU, but skeptics fear it will not work.