Nicosia: A marginal decline in Non-Performing Loans (NPLs) was recorded in the latest data published by the Central Bank of Cyprus (CBC) on Tuesday, with reference date 28 February 2025. Specifically, the NPL ratio decreased slightly to 6.2%, from 6.3% in January 2025, mainly due to loan repayments, transfers to
Nicosia: President of the European Parliament, Roberta Metsola, is set to meet with Cyprus President, Nikos Christodoulides, at the Presidential Palace in Nicosia on Saturday. According to Cyprus News Agency, during her visit to Cyprus, President Metsola is also scheduled to visit the CYENS Centre of Excellence in Nicosia. There,
Warsaw: Cyprus’ Foreign Minister, Constantinos Kombos, will participate in the informal meeting of the Foreign Ministers of the European Union (Gymnich), which will take place in Warsaw on Wednesday and Thursday. According to Cyprus News Agency, Kombos will depart for Warsaw on Tuesday the meeting is being hosted by the
Nicosia: International credit rating agency Moody’s has upgraded Bank of Cyprus’ long-term deposit ratings by one notch, from Baa1 to A3, with a stable outlook. According to Cyprus News Agency, this is the highest rating currently held by any bank operating in Greece or Cyprus, reaffirming the institution’s stability and
Athens: The President of the Republic of Cyprus, Nikos Christodoulides, visited the premises of the satellite communications company Hellas Sat in Koropi, Attica, on Tuesday morning. According to Cyprus News Agency, President Christodoulides was given a tour of the company’s facilities by its CEO, Christodoulos Protopapas. He was briefed on
Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded today’s stock exchange meeting with its latest figures. Investors keenly observed the closing numbers as part of their market strategies. According to Cyprus News Agency, the indices base values for the session included FTSEMed at 5000, among others. The meeting
