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Latest News & Updates

BoC Real Estate Management Unit hits sales target early

The Bank of Cyprus has achieved its 2025 real estate target months ahead of schedule, completing over €200 million...
Investment

Annus Horribilis for Cyprus banks

Over the last three years, Cyprus banks had struggled to deal with their past and unload non-performing loans from...
Property Prices

House prices fall, apartment values rise

A slowdown in the residential Cyprus property price indices has been recorded in the second quarter of 2021 due...
Non-Performing Loans

Fitch warns of threats to Cyprus banks’ balance sheets

Fitch rating agency reaffirmed Cypriot banks' negative outlook noting the general environment poses threats to their balance sheets. In a...
Property Prices

Marginal fall in residential property prices

Residential property prices dropped a marginal 0.2% in the fourth quarter of 2020, its second marginal consecutive quarterly reduction,...
Legal Matters

First court ruling against bank for unfair terms

Lawmakers on Thursday welcomed the first court judgement against a bank for unfair terms of contract, but still harangued...
Latest News & Updates

Loan repayment holiday until June 2021

The Central Bank of Cyprus (CBC) has approved a new loan repayment moratorium until the end of June because...
Latest News & Updates

Property news in brief

Over the past week a number of news reports concerning property in Cyprus have appeared in the local media about non-performing loans (NPLs), recent property deals and the bank of Cyprus.

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