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Nicosia: Local buyers are ca 85% of the total, especially among young couples who drive property sales, as a result of falling unemployment and increased disposable income. Increasing numbers of uni students are also driving the market #Cyprus #PropertyMarket

Limassol: Interest from foreign buyers increased significantly in '18 with transactions relating to high-end resi properties. The recovery is related to increased demand on the coastal areas. Spill-over effects in the non-coastal areas do not appear to be significant #Cyprus

In Paphos 80% of residential sales contracts concern international buyers. Paphos is the champion of foreign demand. High demand for house rentals among foreigners especially British and Chinese are also evident in this market. #Cyprus #PropertyMarket

In Q4 2018, the largest annual increase in residential property prices was recorded in Famagusta (3,7%). #Cyprus #PropertyMarket

🇨🇾Two important takeaways from today's data release: (i)Consumption-led strength in Q2 as expected & investment holding up, but(ii)weakness in exports of goods weighing down the economy’s potential. This keeps us closely watching incoming activity data on trade🇨🇾#Economy #Cyprus

#Cyprus #creditcard transactions in August rose 6%, reflecting steady consumer confidence while tax & online payments to the state played a part in the upswing #FMcy Cyprus Business🇨🇾🇪🇺 Hellenic Bank Economics Cyprus Reporter 99% SIM Fiona Mullen financialmirror.com/news-details.p…

Consumption-led strength in October 2019 as expected. Credit card domestic purchases continue their upward trajectory, after a small blip in the previous month, due to lower government payments: Jan-Oct 2019 +16.8% at EUR 3.39bn #Cyprus #moving_towards_cashless

In June 2019, NPEs in CY's banking system fell to 9.7bn from a peak of 28bn, recording a 18bn reduction equivalent to around 85% of GDP. The largest improvement is attributed to large corporate loans; while progress for SMEs and Households is mostly driven by inorganic actions.

#Cyprus´ way to a healthy #banking sector in numbers. #NPE #NPLs #baddebt #cooperation

We are excited to announce the collaboration of Hellenic Bank with the University of Cyprus University of Cyprus (Economic Research Center) for the construction of a national economic leading indicator. The index is designed to provide early signals of turning points in business cycles

Πλεονάζουσα ρευστότητα και αρνητικά επιτόκια…Τί σημαίνουν για τις κυπριακές τράπεζες; stockwatch.com.cy/el/blog/277404…

Πώς αναμένεται να κινηθούν οι τιμές των ακινήτων στην 🇨🇾 σε μεσοπρόθεσμο ορίζοντα σύμφωνα με τις εκτιμήσεις των δύο μεγάλων τραπεζών της χώρας: stockwatch.com.cy/el/article/kti…

Dont miss out today's publication of the "The Cyprus Composite Leading Economic Index" #Cyprus #Economy with University of Cyprus Hellenic Bank

The #Cyprus Composite Leading Economic Index (#CCLEI) The Index continues to decline, but at a slower pace amid reduced economic uncertainty #Cyprus #Economy

The #Cyprus Composite Leading Economic Index (#CCLEI) Reversal of the Index’s downward trend in January 2020 #Cyprus #Economy

google.com/amp/s/www.wash…

"From the closing to the gradual restart of the economy" Cyprus Economy #Cyprus #Economy University of Cyprus Hellenic Bank

#Cyprus #Economy Domestic economic activity is driving the recovery

Κέρδος €50,5 εκατ. μετά τη φορολογία για την Ελληνική Τράπεζα #economy Hellenic Bank Hellenic Bank Economics brief.com.cy/etairika-nea/k…

Despite uncertainty of the #COVID19 #pandemic, Hellenic Bank announced a 19% increase in first half profits in #Cyprus to €21 mln, from €17.7 mln in the same period last year, with CEO Oliver Gatzke describing it as “solid performance”. financialmirror.com/2021/09/24/hel… Hellenic Bank Economics