CySEC protecting investors, fuelling growth

The investment sector continues to grow steadily despite continuous challenges, positively contributing to the growth of the broader financial services sector and the Cypriot economy, said the Cyprus Securities and Exchange Commission

Bundesbank chief to visit

The President of Bundesbank, Dr Joachim Nagel, will be in Cyprus for several key meetings next week. The Head of the Central Bank of Germany – considered among the most influential figures in financial matters in


Where oligarchs fear to tread

Only Cyprus could attract a storm cloud of dirty money allegations that dumps toxic financial bombs on its reputation as an investment destination. Although the torrent of leaked documents unleashed by the


Finance Minister vexed at Cyprus’ shady reputation

Finance Minister Makis Keravnos said it is disturbing that ‘Cyprus Confidential’ investigations continue to present the country as a problematic financial destination. He told journalists after Wednesday’s Cabinet meeting that since it took office in

Bank of Cyprus posts €349 mln 9M profit

The country’s largest banking and financial services group, Bank of Cyprus, posted after-tax profits of €349 mln for the first nine months, substantially improving from the €19 mln loss last year. Notably,

Banking sector in best position for decade

Cyprus’ banking sector is in the best position it has been over the last decade, experts said at the 19th Annual Economist Summit. The experts highlighted, however, the importance of implementing the

Finance Minister submits 2024 budget to House

Finance Minister Makis Keravnos submitted the 2024 state budget, the first of the Nikos Christodoulides administration, to House Speaker Annita Demetriou on Wednesday. Keravnos presented the budget to the House Speaker before

Finance Minister expects banks to do more

Finance Minister Makis Keravnos said there are still challenges the banking sector must address, but he expects additional positive measures from banks to their struggling customers. At the ‘Banking System: New Challenges

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