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Cyprus still burdened by nearly €20bn in non-performing loans

Confidential figures from the Central Bank of Cyprus reveal that Cyprus continues to face a major private debt problem,...

KEPIDES threatens pay up or we’ll auction your home

The Cyprus Asset Management Company Ltd (KEDIPES) has sent letters to a number of home buyers 'inviting' them to...

Mortgage-to-rent scheme launched

The Mortgage-to-Rent scheme, the latest lifeline thrown to defaulted borrowers, is going ahead, as KEDIPES, the state-owned Asset Management...

KEPIDES starts bad bank transformation

After some delay, Cyprus has started the process of transforming the Cyprus Asset Management Company (KEDIPES) into a national...

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