Mortgage rates dropped in June to the lowest level since 2007, figures released by the Central Bank of Cyprus showed on Tuesday. The figures showed
Tag: Central Bank of Cyprus
Bounced cheques value jumps in April 2016
The value of bounced cheques recorded a sudden jump 86% in April 2016, amounting to € 671.164, compared to March 2016, when the value was
Moody’s warns of moral hazard in case of forced conversion of loans in CHF
Moody`s rating agency warned of moral hazard in case Cypriot Parliament forces a conversion of housing loans in Swiss franc (CHF), noting that such a
Loan sales bill submitted to Parliament
The Finance Ministry submitted on Friday to the Parliament the bill on loans sales after its approval on Wednesday by the Cabinet. Based on the
Heads of Troika start substantial review of Cyprus’ adjustment program
The heads of the Troika (Cyprus’ international lenders) began on Monday the substantial review process of the implementation of Cyprus` adjustment program, in order to
Labour issues, tax and NPL on the agenda of Troika meetings
Technocrats from Cyprus’ international lenders, known as the Troika (European Commission, the European Central Bank and the IMF), are discussing on Thursday in Nicosia issues
Lenders continue contacts in Cyprus for the seventh programme review
Cyprus` international lenders continue their contacts in Cyprus as part of the seventh quarterly review of the island`s €10 billion financial assistance package. Technocrats of
NPLs remain at high level at the end March 2015
Non – performing loans in Cyprus’ banks remained at the same high levels at the end of March 2015, according to figures released on Monday
Cyprus not eligible for ECB’s QE, says Central Bank Governor
Cyprus is not eligible for ECB`s quantitative scheme and there could not be any exceptions, Governor of the Central Bank of Cyprus Chrystalla Georghadji has
Cyprus will emerge stronger from the recent downturn, says Governor of CB
Cyprus will slowly but steadily emerge stronger from the recent downturn, the Governor of the Central Bank of Cyprus Chrystalla Georghadji believes. Speaking at the