Deposits in the Cyprus banking system rose by EUR 144.9 mln in April, while loans fell by 86.7 mln, continuing the deleveraging process for the fourth consecutive month. According to figures
* Full repayment of ELA within 2017 * Bank of Cyprus net first quarter profits rose to EUR 50 mln due to increased profitability and a momentum in non-performing loan restructurings which
The Cooperative Central Bank, the state-owned banking group bailed out with EUR 1.5 bln last year, announced profits of EUR 28 mln for the first quarter ending March 31, mainly due to
Alitalia will resume direct flights to Cyprus on June 8 with twice weekly overnight flights between Rome and Larnaca every Wednesday/Thursday and Saturday/Sunday. The airline, 49% owned by Etihad, said that
The economic sentiment deteriorated in May as the Economic Sentiment Indicator (ESI-CypERC) declined by 2.4 points from April to 109.5 (the same level as in March), as a result of the worsening
* NPEs down 3% q-o-q to 58% of all loans * Hellenic Bank announced group net profits amounting to EUR 0.69 mln for the first quarter that ended on March 31, 2016,
Cyprus Future, a civic non-party political campaign run by UK Cypriots, has urged Cypriots in Britain to vote against Brexit in the EU membership referendum on June 23. Cypriot people living
Investment funds assets fell to EUR 2.693 mln in March, down 6.7% from December 2015, according to the Central Bank of Cyprus. Total deposits of the 75 locally licensed investment funds
The registration of motor vehicles recorded a significant annual increase in the first four months of the year, according to data from the statistical service Cystat. In January-April the total registration
The newly elected 56-member House of Representatives welcomes three new political parties and 28 parliamentarians on Sunday, with many parties losing ground as voter abstention reached about 34%. With parties also
