Cyprus banks Archives - Financial Mirror

Cyprus banks to maintain stability, but lower profits, says Moody’s

Moody’s said on Thursday that the risks associated with loans for Cypriot banks are expected to decrease further due to consistent economic growth, alongside declining inflation and unemployment rates. However, reaffirming the

21st March 2024

Cyprus/Economy

Will the interest rate gap ever close in Cyprus?

Cyprus has had its own share of the impact from the high interest rate regime dominating the markets, with the two main local banks this week reporting near-record profits for last year.

25th February 2024

Comment/Cyprus/Editorial

Cyprus banking sector ‘safe’

The Cyprus banking system won’t be feeling any aftershocks from the collapse of major banks in the United States and the trouble faced by European banking giant Credit Suisse, assured the island’s

21st March 2023

Cyprus