ECONOMY

BoC shaves 50 bps off its benchmark interest rates

Bank of Cyprus announced on Friday it is shaving 50 basis points (0.5 percent) off its benchmark interest rates, in order to support its borrowing clients, as well as those of the former Popular Bank (Laiki).

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.