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Cyprus Bounced Cheques Register Significant Trends As CBC Reports October Metrics

by THEFUTURE.TEAM

The Central Bank of Cyprus (Central Bank of Cyprus) reported a total of 14 bounced cheques in October, amounting to €176,435. This figure accompanies the recent addition of seven new issuers—four legal entities and three individuals—to the preliminary list of the Central Information Register (CIR).

Year-to-Date Analysis

Between January and October 2025, the CIR recorded 198 outstanding cheques, cumulatively valued at €616,580. Notably, this represents a numerical decrease compared to the corresponding period in 2024, when 252 cheques were registered with a total value of €533,524. The data underscores evolving financial behaviors and fiscal risks that deserve close attention from market participants.

Expanding Register Of Financial Debtors

In October alone, the register expanded further with 18 new persons added, including six companies, three individuals, and nine controlling legal entities. The cumulative total for 2025 now stands at 105 registered entities—comprising 36 companies, 26 individuals, and 43 individuals controlling legal entities. These developments highlight the ongoing imperative for enhanced credit monitoring and risk management strategies within Cyprus’s evolving financial ecosystem.

Implications For Financial Oversight

The insights provided by the CBC’s data serve as a clarion call for both financial institutions and corporate entities. As bounced cheque incidents continue to influence liquidity and creditworthiness, stakeholders are encouraged to bolster their financial oversight mechanisms. The emerging trends underscore the need for rigorous due diligence practices and proactive risk mitigation measures to safeguard against potential disruptions.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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