The issue of bank over-indebtedness in loans with State subsidy is...

The Parliamentary Committee on Finance is considering the issue of bank over-indebtedness and borrowers' charges for loans with a state subsidy at...

The Top 10 of “red” loans in Cyprus

InBusinessNews conducted a survey of the 10 largest owners of "red" loans in Cyprus. Based on the data, there are currently € 19.5...

Large increase in the value of uncovered checks in June

A large increase was observed in June in the number and value of uncovered checks issued in Cyprus, according to data from...

The pandemic of the Covid-19 reduced by 35.6% the cash inflows...

Significant reductions of 35.6%, due to the coronation pandemic event last March, were presented by the cash inflows of the First Quarter of 2020...

Deposits decline for fifth consecutive month in May

Deposits in the Cyprus banking system marked a net reduction for a fifth consecutive month in May with total deposits amounting to...

Damage after tax € 2.2 million, announced for the first quarter...

A profit of € 0.6 million before tax and damage € 2.2 million after tax, the...

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...

EBA: The crisis will hit assets and profitability of EU banks,...

The crisis is expected to affect the quality of European banks' assets and, consequently, their profitability, according to the European Banking...

Bank of Cyprus: Damages € 26 million due to increased provisions

The Bank of Cyprus announced losses after tax of € 26 million for the first quarter of 2020, recording increased credit...

Moody’s for RCB: High capital adequacy

The Bank also has a high quality of assets.The strong asset quality, the high capital adequacy...