Category Archives: Market

Cyprus Central Bank publishes policy on information exchange for bank branches abroad

The Central Bank of Cyprus published its policy on Thursday on the exchange and collection of information for macroprudential purposes on branches of credit institutions whose head office is in another EU member state or a third country.   The

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:   MEETING DATE: 03/12/2020 INDICES BASE VALUES: FTSEMed=5000, OTH   EURO (€)   TRADED VALUE:                51,784.77   INDEX   VALUE  % DIFF. VALUE (€)  

Pandemic affects Cyprus firms’ investment strategies for 2020, EIB survey says

The pandemic of COVID-19 has affected Cyprus firms’ investment strategies for 2020 with more than half of firms (51%) with investment plans planning to invest less, according to the annual European Investment Bank`s Investment Survey (EIBIS) for Cyprus, which notes

Cyprus annual inflation rate at -0.6% in November 2020

Inflation rate in Cyprus remained in negative territory for the eighth consecutive month in November with the Consumer Price Index (CPI) declining by an annual 0.6%.   According to data published by the Statistical Service of Cyprus (Cystat), for the

Industrial producer prices up by 0.4% in the euro area, by 0.3% in the EU, down by -0.5% in Cyprus

In October 2020, industrial producer prices rose by 0.4% in the euro area, up by 0.3% in the EU and down by -0.5% in Cyprus , compared with September 2020, according to estimates from Eurostat, the statistical office of the

New loans of €281,4 mln granted in October, recording a monthly decrease of €34,2 mln, CBC statistics show

New loans amounting to 281,4 million euro were granted in October 2020, recording a decrease of 34,2 million compared to the previous month, when they reached 315,6 million.   According to the Central Bank of Cyprus, the interest rate for