banks

Banking news from Cyprus and abroad, covering deposits, loans, interest rates, financial results and regulation, with reporting on issues affecting customers.

Economy

Greek banks battle for billions in Cyprus banking market

Cyprus now generates more than 20 per cent of the combined profits of Greek banking groups Eurobank and Alpha...
Economy

Owning a home in Cyprus: Easier to borrow, harder to afford

Economy

What the dream of owning a home costs in Cyprus now

The European Central Bank’s Governing Council meets on October 28 and 29 to set interest rates. Some policymakers are...
Economy

Cypriot depositors shift billions as interest rates reshape savings

Cypriot depositors have significantly changed how they manage their money in recent years as shifting interest rates have influenced...
Economy

Revolut outage: why Cyprus’s 450,000 users weren’t left stranded

Revolut customers in Cyprus struggled to make card payments, transfer money, withdraw cash and access their accounts on Tuesday...
World

Revolut, UK banks and NHS hit amid Google Cloud outage

Revolut users were unable to log in, make card payments or withdraw cash on Tuesday in an outage linked...
Economy

Revolut hit by technical fault affecting multiple services

Revolut users reported difficulties accessing and using the digital bank’s services on Tuesday after a technical fault affected several...
Economy

How Cypriots pay: cards for shopping, transfers for big bills

The number of active payment cards in Cyprus rose by 33.8 per cent in three and a half years...
Economy

Central Bank data show €40.1bn household surplus, €58.6bn company deficit

Cypriot households’ financial assets exceeded their liabilities by 40.1 billion euros, while the liabilities of non-financial companies exceeded their...
Economy

Almost a third of Europeans prefer AI for sensitive banking

Almost one in three European consumers (29 per cent) would rather discuss sensitive banking matters with artificial intelligence than...
Photos

Protest against IMF and World Bank annual meetings

Thai protesters hold banners while marching on a street during a protest against the 2026 Annual Meetings of the...
Economy

Forbes Summit: Cyprus can become a fintech hub

President Nikos Christodoulides called for more competition in the banking sector so that banks’ financial strength benefits citizens and...
Economy

Cyprus fintech ambitions face test of regulation, talent and trust, Forbes summit hears

Cyprus has strengthened its banking system and restored confidence in its economy, but its ambition to become a European...
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