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Swiss franc loans see significant reduction

Swiss franc (CHF) loans have fallen significantly in recent years following loan restructurings carried out by the banks according...

Property price rises linked to demand for apartments

The Cyprus Central Bank's Residential Property Price Index for the third quarter of 2021 reports that the index rose...

Spiralling building materials costs set to continue

According to the Cyprus Statistical Services, the price of building materials rose by 17.1% in December 2021 compared to...

Larnaca property sales hit €3 billion in last 5 years

Property sales in the Larnaca district nearly reached €3 billion in value over the past five years, a report...

Paphos property sales exceed €2.5 billion

Property sales in Paphos district exceeded €2.5 billion in value over the past five years, a report from independent...

NPLs accounted for 17.4% of total loans in July

The Cyprus Central Bank (CCB) reports that non-performing loans (NPLs) accounted for 17.4% of total bank loans at the...

News from the Cyprus banking sector

Non-performing loans (NPLs) in the banking sector increased in April according to a report that the Central Bank of...

Golden passports inquiry’s report published

Cyprus' Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under...

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