JCC, RCB hike contactless limit to €50

Two rival card payments handlers have hiked the amount for cashless payments to alleviate worries of people touching keypads to insert their PIN numbers amid the coronavirus scare, as card use rises

COVID19: RCB Bank supporting businesses

RCB Bank said it has taken all the necessary measures to ensure the well-being and protection of its human capital while securing the uninterrupted provision of its products and services to its

Cyprus banks need to be more imaginative

Cyprus Central Bank Governor Constantinos Herodotou argues profitability and the need to find new banking products besides lending, is a big challenge for banks of a small country. He said that geography,

Cash-rich banks stockpiling real estate

Cash-rich banks are stockpiling properties as they turn to buy real estate linked to mortgages of defaulted borrowers as banking institutions dominate the property market. After acquiring properties through debt to asset

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