Cyprus Mail on MSN

Cyprus housing loan rates ease as business borrowing costs stay high

The Central Bank of Cyprus (CBC) on Thursday reported that interest rates on new housing loans declined in March, while borrowing costs for businesses remained above the euro area average.At the same ...
Cyprus Mail on MSN

Cyprus sees fewer bounced cheques this year but total value broadly stable

The Central Bank of Cyprus (CBC) on Wednesday reported that 16 bounced cheques were recorded in April, with a total value of €36,152.The figures showed that 18 cheques were included in the preliminary ...
Yahoo

Official: Nine Lebanese banks to withdraw from Cyprus

Add Yahoo as a preferred source to see more of our stories on Google. NICOSIA, Cyprus (AP) — Nine Lebanese banks are shutting down their operations on the Mediterranean island of Cyprus, a ...
Cyprus Mail on MSN

Cyprus financial core links more to the world than to local economy, study finds

Cyprus has emerged as an outlier in euro area financial networks, according to a European Central Bank (ECB) working paper analysing sectoral interconnectedness across member states.The study, ...
Fox Business

Cyprus central bank failed in its job, president tells ECB

NICOSIA – The governor of Cyprus's central bank failed to regulate its now-crippled banking system effectively, the island's president Nicos Anastasiades said in a letter to ECB chief Mario Draghi.