Q3 GDP growth at 2.2%

The Cypriot economy’s seasonally adjusted annual GDP growth rate reached 2.2% in the third quarter, maintaining the same level as Q3 2022 but showing a lower quarterly growth than in Q1. According


Q3 property sales documents hit €1 bln

The value of property sales agreements submitted in the third quarter reached €1 billion, with the real estate market maintaining its strength despite challenges. According to property sales data from the Department


€1.65 bln in Q3 property sales

Despite the adverse economic conditions, the Cyprus real estate market saw a 34% increase in the value of property transactions in the third quarter, rising to €1.65 bln from €1.2 bln in


BoC Q3 turnaround, NPLs dip further

Bank of Cyprus is on track to return to steady profits after it announced a third-quarter after-tax profit of €19 mln and a significant reduction in its non-performing loans. The bank reported