Tag: bank

Cyber scam targets elderly man, drains €142,000 from accounts

Cyprus April 25, 2025

A 77-year-old man has reported to the Police that he fell victim to an online scam, resulting in the loss of €142,000. According to the...

RIF calls on beneficiaries to update their bank details on IRIS Portal

Economy April 15, 2025

The Research and Innovation Foundation (RIF) invites all its beneficiaries to update their bank account details on the IRIS Portal no later than 30...

Eurobank acquires 98.5% of Hellenic Bank – Plans for squeeze-out

Economy April 11, 2025

Eurobank has announced the completion of its mandatory public takeover offer for the acquisition of up to 100% of the issued share capital of...

Bank holidays during Easter announced

Cyprus April 3, 2025

The Central Bank of Cyprus informs the public that banks will be closed on the following dates: Friday, 18 April 2025 – Good Friday Monday, 21...

Why falling interest rates don’t always mean lower loan instalments

Economy March 18, 2025

Despite continuous interest rate cuts by the European Central Bank (ECB), many borrowers are not seeing a reduction in their monthly loan repayments. This...

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