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Cyprus

Ellinas Finance reports strong growth in digital factoring services

Ellinas Finance, a pioneer in alternative financing in Cyprus, has reported robust growth in its digital factoring business, further consolidating its position as the country’s leading independent provider of factoring services. With a legacy spanning more than three decades, the...

#alternative finance#Cash flow#credit insurance

WFY23: Cyprus total factoring volume showed a 50.2 per...

The Cypriot economy proved to be resilient in 2022, despite the many challenges of a global nature, which include successive…

#World Factoring Yearbook


Bank of Cyprus announces changes in Board composition

Bank of Cyprus Holdings Public Limited Company (BOC Holdings and, together with its subsidiaries, the Group) announces the departure of Dr…

#Bank of Cyprus


EBRD increases trade support in Cyprus with new limit...

More businesses in Cyprus, including small and medium-sized enterprises (SMEs)... (more…)

#Bank of Cyprus


COVID-19 affects businesses’ cash flow

With almost 3m people infected by the COVID-19 coronavirus and... (more…)

#COVID-19


COVID-19 pandemic hurts companies cash flow in Cyprus

As thousands of small-to-medium-sized enterprises (SMEs) in Cyprus slowly resume operations... (more…)

#Cash flow#cash-flow#COVID-19


Bank of Cyprus appoints new CEO

Bank of Cyprus, the island’s premier lender, has appointed a new CEO from among... (more…)

#Bank of Cyprus


New factoring player launches in Cyprus

...a Cypriot public company,  announced the launch of factoring services... (more…)

#economy#financial services


Factoring Company moves into new offices

...The move is part of the expansion of the company's operations and... (more…)

#investment#invoice#receivables


Cyprus Factoring Company moves into new offices

...The move is part of the expansion of the company's operations and... (more…)

#investment#invoice#receivables


EBRD signs trade facility with Eurobank Cyprus

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade in Cyprus with a EUR20m…

#bank#Deutsche Bank#exporters


ACCA survey recommends SME development bank and government-backed invoice...

Report on SME finance in Cyprus provides recommendations to improve struggling sector following 2013 financial collapse (more…)

#bank#business finance#international

EIB signs agreement for SME funding in Cyprus

The European Investment Bank (EIB) has signed a (more…)

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