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business profitability

banks profitability

A Stellar Year for Cypriot Banks: Return on Equity Hits New Highs in 2023

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The return on equity (ROE) for Cypriot banks skyrocketed to 24.6% in 2023, a massive leap from the previous year’s 4.8%, showcasing exceptional financial success and strategic management. This remarkable increase in profitability reflects a strong economic environment and the banks’ effective financial initiatives, solidifying their resilience and efficiency for sustained growth and competitiveness in the financial sector.

data science business profitability

Seminar to explore business profitability through data science

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Businesses looking to increase profitability can gain valuable insights at the “Unlocking Strategic Value: Leveraging Data Science” seminar hosted by the Cyprus Chamber of Commerce & Industry on May 2223, 2024 in Nicosia. By harnessing the power of data analysis, visualization, and tools like Microsoft Power BI, organizations can optimize operations, enhance customer engagement, and drive business success through datadriven decisionmaking.

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