The fourth edition of the World Giving Index, which looks at charitable behaviour across 135 countries, ranks Cyprus in 24th place based on three measures of giving behaviour – the percentage of
Tightening of credit standards on loans to enterprises stabilised in the third quarter, while demand for loans by households and enterprises was lower compared with the previous quarter, the Central Bank of
* €1.5 bln to be used for funds from ECB * The island’s Cooperative credit societies will soon operate as a unified banking group, following a bailout programme and a set reforms
The government and the private sector are drafting an action plan to reverse the negative climate surrounding Cyprus on taxation transparency, following the reent unfavourable report by the Organisation for Economic Cooperation
The Cooperative Credit Institutions in Cyprus will operate as a unified banking group, President of the Central Cooperative Bank (CCB) Committee Nicolas Hadjiyiannis has said. Along with the island`s banking system, Cyprus
A Central Bank of Cyprus (CBC) directive to credit institutions issued last September on the management of arrears aimed, inter alia, to achieve a fair restructuring of loans to viable borrowers (individuals
The new lending criteria could possibly shock borrowers, President of the Association of Cyprus Banks, Marios Clerides, has said. The introduction of new lending criteria is included in the Memorandum signed with
Cyprus slipped to the 31st position in the Corruption Perceptions Index 2013 published Tuesday by Transparency International. According to the Index Cyprus, received 63 points and ranked 31st among 177 countries. Cyprus
Cyprus and India held a series of consultations recently on issues concerning exchange of information and taxation. According to an official press release, between 26th and 28th of November 2013 consultations took
The Council of the European Union adopted Monday the regulation laying down the EU`s multiannual financial framework (MFF) for 2014-2020. Total financing for Cyprus will reach one billion euro, while 200 million