Cyprus banks go into lending frenzy

— Advances up 21%, deposits surge 21% to CYP 20 bln   Cypriots have gone on a massive borrowing spree encouraged by easy and flexible loan products from the commercial banks with

Austrian up to 10 flights a week to Cyprus

Austrian Airlines will add three extra night-flights to the existing daily services to Vienna this summer. The ten weekly flights from Larnaca to Vienna are the most ever in the airline’s 30-year

Cyprus social grants to continue

The Cypriot government is committed to social grants to help low income families, in response to the self-restraint and the responsible behaviour working people have shown in the overall effort to meet

Eurobank to start Cyprus banking in June

— Targets corporates, high net-worth individuals   The Greek banking giant EFG Eurobank is ready to start full banking operations in Cyprus as early as next month, with corporations and high-net worth

BNP Paribas introduces Connexis to Cyprus

Connexis was introduced to the Cypriot business representatives during a presentation held at the Hawaii Grand Hotel and Resort in Limassol last Thursday. The presentation was made by BNP Paribas’ Connexis experts

SFS sells stake in Athena to Hellenic

SFS Group Public Company Ltd (SFS) and Hellenic Bank Public Company Ltd (HB) announced that after SFS’s decision to recall its public offer for 50% plus 1 share of Athena Cyprus Public