Tag: Cyprus banks

Digital cheque deposits go before Cyprus Parliament

Cyprus Parliament is set to examine legislation allowing digital cheque deposits, enabling customers to present cheques for payment remotely through their bank’s electronic systems...

Parliament raises concerns over digital cheques and forgery

Lawmakers in Cyprus have raised concerns over the risks linked to digital cheque presentation, particularly the ability to prove a cheque’s authenticity and establish...

Bad loans worth €19.4bn remain in Cyprus economy

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...

How Cyprus banks are pricing in Middle East war risks

The war in the Middle East has moved beyond general warnings and into the adverse-scenario probabilities and expected credit losses calculated by Cyprus' three...

Cyprus banks cut 4,634 jobs and close 370 branches in ten years

Bank branches in Cyprus have declined significantly over the past decade, with banks closing 370 branches and reducing their workforce by 4,634 employees between...

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Erhürman to attend COP31 summit in Antalya

Turkish Cypriot leader Tufan Erhürman is travelling to Antalya...

ON THIS DAY: World’s first petrol-powered motorcycle unveiled (1885)

On November 10, 1885, German engineer Gottlieb Daimler unveiled...

Third arrest of 35-year-old woman in Peyia murder case

Police have arrested a third person in connection with...

Winners of Stelios Awards for Young Entrepreneurs announced

The Stelios Awards for Young Entrepreneurs in Cyprus have...
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