Cyprus Business Now: Hellenic Bank, tourism, unemployment, startup ecosystem

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position.

“2024 was a landmark year for Hellenic Bank in terms of financial performance and ownership structure,” said chief executive officer Michalis Louis.

“The bank achieved strong financial performance in 2024 with a net profit of €383 million, up 10 per cent year-on-year, adjusted for discontinued