Tag: Central Bank of Cyprus

Cashless businesses on the rise in Cyprus as cash use declines

Cyprus October 14, 2026 at 14:04

Cashless businesses in Cyprus are becoming more visible as the shift towards electronic payments accelerates. Some businesses in Nicosia have stopped accepting cash, citing...

BuySell: Property sales hit record September high

Market October 13, 2026 at 16:07

Contracts of sale across Cyprus are running 14% ahead of 2025; Larnaca grows fastest, Limassol stays largest, and foreign buyers sign more than two...

Bad loans worth €19.4bn remain in Cyprus economy

Cyprus September 15, 2026 at 10:00

The contractual balance of Cyprus bad loans held by credit-acquiring companies stood at €19.4bn at the end of 2025, while the book value of...

Climate risk threatens financial stability, Cyprus Central Bank warns

Cyprus August 5, 2026 at 11:19

The Central Bank of Cyprus (CBC) has identified climate risk in Cyprus as one of the country's most significant threats to financial stability, warning...