Latest articles from Cyprus

cyprus econ

Cyprus on track for strong economic recovery

February 28, 2022

The country has recouped the lost growth from the peak of the pandemic and is set for a sustained period of growth.

bank of cyprus

Cyprus’s banks keep calm and carry on

February 23, 2022

The country’s banking sector has shown strength and resilience by offloading problem assets during the pandemic and maintaining improved compliance and regulatory standards.

Constantinos Petrides Cyprus Minister of Finance

Cyprus looks to life beyond Covid

February 14, 2022

Cyprus’s finance minister talks to The Banker about how the country’s economy has coped during the pandemic and the recovery ahead. 

Demetra Kalogerou teaser

New beginnings for the Cypriot banking sector

September 29, 2021

Forging a regulatory strategy in a time of crisis is not easy, but the Cyprus financial sector has come out stronger and more resilient, says Demetra Kalogerou, chairwoman of the Cyprus Securities and Exchange Commission. 

Cypriot banks make progress in tackling bad loans

September 1, 2021

The NPL ratio at Bank of Cyprus, the country’s largest lender, fell from 41% in 2016 to 12.4% last year.

Screenshot 2021-09-01 at 14.32.38
nicosia teaser

Can Cyprus's economy recover from the coronavirus crisis?

May 11, 2020

Can Cyprus keep its admirable record of bouncing back from yet another a crisis?

Bank of Cyprus teaser

Cyprus's banks enter coronavirus crisis in good shape

May 11, 2020

The silver cloud in 2013’s financial problems is that it forced Cypriot banks to reform, putting them in good shape to survive the coronavirus crisis.

Harris Georgiades teaser

Cyprus finance minister keen to demonstrate progress to EBRD

May 2, 2017

As Cyprus prepares to host the EBRD's annual meeting, its finance minister, Harris Georgiades, tells Michael Imeson how the country has progressed from its EU/IMF bailout in 2013 to record a budget surplus and GDP growth higher than the eurozone average.

Bank of Cyprus teaser

Cyprus banks' reversal of fortune

May 2, 2017

Though Cyprus's banking sector is in a much healthier state than it was during the crisis years of 2012 and 2013, high NPL ratios and the country's negative interest rate environment are casting a shadow over its recovery, as Michael Imeson reports.

A bumpy ride on the Cypriot road to recovery

A bumpy ride on Cyprus's road to recovery

February 1, 2016

Things are looking up for banks in Cyprus, as the financial sector and economy recover. But a difficult journey still lies ahead with NPLs still high and calls for consolidation among the country's banks growing louder.

Order the Top 1000 World Banks 2022

Request a demonstration to The Banker Database

Join our community

The Banker on Twitter