APS Holdings, one of Europe’s largest debt servicing companies, says it has been instrumental in successful efforts to combat the problem of non-performing loans in Cyprus and Greece’s.

Cyprus has designed and approved its national strategy on blockchain technologies, which includes a timetable and an organizational structure.

One more collaboration added to the exclusive list of established brand names that represent elegance, finesse and premium aesthetics has been confirmed between Cypeir Properties Ltd and the Italian brand ARCLINEA.

Cyprus’ capital is showing signs that its commercial property market is following similar growth recorded in its residential sector, as local and foreign investors seek opportunities, while companies are searching to house their operations.

A memorandum of understanding was signed recently between Foreign Minister Nicos Christodoulides and his United Arab Emirates counterpart Sheikh Abdullah Bin Zayed Al Nahyan for the establishment of a joint cooperation committee.

Construction of €300m Ayia Napa Marina is on schedule, as phase one of the largest foreign investment in Cyprus is nearing completion, the developer has announced.

Moody’s Investors Service has published an updated credit opinion on RCB, confirming the bank’s stable financial position in terms of capital and liquidity.

Moody`s Investors Service has affirmed the deposit ratings of Bank of Cyprus Public Company Ltd, while it has downgraded its Senior Unsecured Medium-Term Note Program to (P)Caa2, from (P)Caa1.

Limassol’s new luxury residential development project generates positive feedback at global events

Cyprus regained an investment grade rating in 2018 thanks to strong economic growth, a prudent fiscal policy, and a more resilient financial sector, and the winding down of the Co-op Bank (CCB) alleviated a major risk to financial stability by removing a large share of NPLs from outside the banking sector, according the 2018 report by the European Stability Mechanism (ESM).