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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The yolk: A guide to summer reading

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Smart traffic lights coming to Nicosia and Limassol

Cyprus is one step closer to introducing smart traffic...
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