Cyprus banks brace for strike action

Cyprus banks are worried over growing tension between Hellenic Bank and its employees as the sector heads for strikes following HB’s decision to make 350 staff redundant. Hellenic, Cyprus’ second-largest commercial bank,

Cyprus banks struggling to regain trust

Cyprus banks have been struggling to regain public trust since the 2013 financial crisis, according to the latest Stockwatch survey of some 600 households. News site Stockwatch’s latest survey, conducted three times

Toxic fallout from RCB closure

Some 400 RCB employees and 11,000 customers are in limbo as the bank’s winding down process is not going as smoothly as the Central Bank had predicted. RCB Bank had embarked on

Cyprus banks on high alert after sanctions

Cyprus’ banking system is on high alert after the Russian invasion of Ukraine, and the European Union’s financial sanctions on Moscow mean it must adapt business and investment plans to fend off

Banks to close more branches this year

The pandemic has accelerated banks’ plans to downsize by closing more branches and merging others while making the most of technological advancements. News site Stockwatch quoted Hellenic Bank sources saying the group

/
1 … 3 4 5 6 7 … 12