Cash is no longer king

Cash is losing its dominance in Cyprus, mirroring a wider trend in the European Union, where the majority of consumers now prefer using digital payment methods, according to the Central Bank of


Express pension payments on retirement

Employees retiring will no longer have to wait almost half a year before they receive their first pension from state coffers, declared the Labour Ministry on Tuesday. The ministry announced that the


Bank of Cyprus eyes dividend payments

Bank of Cyprus aims to return to substantial dividend payouts this year as it posted after-tax profits of €71.1 mln for 2022 from €29.7 mln the year before. Announcing its latest financial