Tag: loans

Bank of Cyprus loan acquisitions under strict terms

Cautious stance on loan buybacks Bank of Cyprus acquisitions strategy does not currently include purchasing performing loans from credit-acquiring companies in order to “bring them...

Deutsche Bank eyes Cyprus return as sector shifts

The chessboard of the banking sector is being reshaped by mergers, acquisitions, and the potential return of global financial giant Deutsche Bank as a...

Banking sector reports loan growth and nearly €1b deposit surge

Cyprus recorded a strong increase in banking activity in December 2024, as loan demand rebounded with a net increase of €503.2 million, while total...

Loans down €213 million in October on monthly basis, deposits up

Total loans showed a net decrease of €213 million in October 2024, compared to September of the same year, while deposits recorded a net increase...

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ON THIS DAY: The September 11 attacks of 2001

Anthropic blocks AI biological weapons attempts

Anthropic says it has identified and disrupted attempts to...

85-year-old man dies after being struck by reversing vehicle in Anthoupoli

An 85-year-old man, Andreas Christou, has died after being seriously injured in...

EU aid programme allocates €34m to Turkish Cypriots

The European Commission on Friday approved an EU aid programme worth €34 million...

Bomb threat alert lifted at Larnaca Airport

A bomb threat at Larnaca Airport triggered security protocols and grounded a flight...
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