FINANCE

Eurobank: Προχωρά σε πώληση 950 ακινήτων

Δεσμευτικές προσφορές περιμένει η τράπεζα για τα πακέτα «Star» και «Opus». Bain Capital και Brook Lane Capital μεταξύ των ενδια [...]

BY OPulse Admin
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Aug 01 2019

IEA Report: Bitcoin Causes 0.03%-0.06% of Global CO2 Emissions

NEWS According to a report released on July 23 by the International Energy Agency Bitcoin (BTC) mining is likely responsible for 10‑20 Megatonne (Mt) of carbon dioxide (CO2) per year or 0.03-0.06 [...]

FINANCE
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BY OPulse Admin
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Jul 24 2019

Cypriot bonds purchased by ECB amount to rise to €1.8 billion

Cypriot bonds purchased by the European Central Bank (ECB) through redemptions of maturing bonds purchased during the Asset Purchase Programme (APP) amounted to €1.8 billion. The ECB in June purch [...]

FINANCE
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BY OPulse Admin
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Jul 15 2019

Finance Minister notes importance of corporate social responsibility policies

The government of Cyprus has prepared a bill which should be adopted by the Parliament by the end of the year in an attempt to enforce the establishment of companies which adopt policies of corporate [...]

FINANCE
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BY OPulse Admin
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Jul 08 2019

Cabinet approves debt relief scheme for homeowners

Eligible borrowers will apply in September and the first payments are expected to be made in December The long-awaited debt relief scheme for vulnerable homeowners was approved by the cabinet on Wedn [...]

FINANCE
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BY OPulse Admin
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Jun 27 2019

Accept Direct Crypto Payments Using the Rocketr Gateway

It’s in the best interest of businesses to offer their customers a variety of payment options. Cryptocurrencies can undoubtedly bring more buyers and many merchants have introduced support for digit [...]

FINANCE
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BY OPulse Admin
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Jun 18 2019

Deposits increase by 237 million in April

Total deposits in April 2019 recorded a net increase of €236,9 million, amounting to €47.7 billion, figures released by the Central Bank of Cyprus (CBC) show. In March 2019, total deposits marke [...]

FINANCE
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BY OPulse Admin
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May 29 2019

Bank of Cyprus posted €95 million profit in 1Q 2019

The Bank of Cyprus announced on Monday that it posted a €95 mn profit for the first quarter of 2019. The Bank reported a “good capital position”, as at 31 March 2019 the CET1 ratio was 14.9% a [...]

FINANCE
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BY OPulse Admin
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May 14 2019

Central Bank Governor: Anti-money laundering efforts beginning to be recognised abroad

Governor of the Central Bank of Cyprus Constantinos Herodotou has spoken of a new culture of compliance in Cyprus banks on anti-money laundering since 2013 and that progress so far is beginning to be [...]

FINANCE
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BY OPulse Admin
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Apr 19 2019

European Commission official: MPs decisions on Co-op “might have been different”

Decisions regarding the co-operative banking sector in Cyprus might have been different, a senior European Commission official told MPs on Tuesday, but noted that the final solution was not too bad.� [...]