Retail sales up year on year in August

Retail sales volume rose year on year in August, having slipped in July according to the latest data from the Statistical Service, which also produced revised figures for earlier months this year.

JCC launches e-commerce service

JCC Payment Systems, the credit card consortium owned by the banks has launched JCCsmart, its e-commerce service that hopefully will boost electronic shopping on the island. For the first time, thousands of

Laiki launches SMS Banking

Laiki Bank launched its SMS Banking service, offering clients the opportunity to transact over their mobile phones. Laiki customers can pay utility bills, transfer money to designated accounts, access information about their

BOC launches Praxis for business clients

Bank of Cyprus has launched a new service called Praxis aimed at offering business clients a 24-hour service. By using Praxis, clients can apply online for letters of credit, bills of collections

Cyprus Opel/GM dealer George Pavlides dies

George Pavlides, Managing Director of the General Motors/Opel dealership Geo. Pavlides & Araouzos and Chairman of the WRC Cyprus Rally organising committee, died Thursday of a heart attack at the age of

Laiki launches SMS Banking

Laiki Bank launched its SMS Banking service, offering clients the opportunity to transact over their mobile phones. Laiki customers can pay utility bills, transfer money to designated accounts, access information about their