EU special plan for “black money”

The European Union is determined to establish an oversight body to enforce anti-money laundering rules within the EU, but skeptics fear it will not work.

More than 23,000 the applications for suspension of instalments in Cyprus...

The number of loan applications for nine months exceeded 23,000 in the two largest banks in the country, with borrowers taking advantage...

Former Cypriot Jho Low stars in new revelations of Al Jazeera

An Al Jazeera video titled Jho Low: Hunt For A Fugitive shows Jho Low stripped of his Cypriot citizenship, apparently trying to...

Bank of Cyprus and Hellenic to offload €4 bln in toxic...

Bank of Cyprus and Hellenic Bank will sell bad loans worth € 4bn in total as the banking system seeks to rid...

Right of Object to loan defaulters

The Supreme Court is putting a strain on the banks for the part of the sales, while giving more credit to the...

The Auditor-General is setting fire to interest rate subsidy schemes

In the letter, the Auditor General asks how it is possible, after the loan has been concluded, to inform the borrower...

Banks drive European markets higher as investors monitor Brexit developments

European stocks traded modestly higher on Monday, with banks in the lead as investors braced for another week of Brexit headlines, while software company...

British banks close customer accounts living in Europe

British banks will close the accounts of thousands of British nationals living permanently in the EU due to Brexit.

The Consumers’ Association sees the favorable treatment of the banks

The Cyprus Consumers' Association notes that the unfavorable treatment of consumers towards banks continues.The Cyprus Consumers' Association states...

Santander Joins List of Banks in German Tax-Dodge Crackdown

Banco Santander SA became the latest addition to a long list of banks targeted by German prosecutors over controversial tax-driven transactions known as “Cum-Ex” that...