Cyprus credit scoring system records 986 data access requests in first two months

Nicosia, Cyprus. Cyprus’ new Credit Score system completed two months of operation, with 986 individuals and legal entities accessing their data, Artemis Credit Bureau general manager Yiannis Tomasides said. The system began producing creditworthiness scores on July 15, 2026, as part of an upgrade of the Artemis Data Exchange Mechanism.

Credit scoring system

Speaking to the Cyprus News Agency, Tomasides said he was satisfied with the implementation and operation of the project, introduced in Cyprus by Artemis Credit Bureau.

He described the project as important infrastructure for the financial sector and the Cypriot economy.

A Credit Score is a numerical value assigned to a borrower based on information about their credit behaviour held in a relevant database, he said.

Cyprus-Greece economic diplomacy

Cyprus and Greece are seeking to strengthen economic diplomacy, attract investment and jointly pursue opportunities in third markets, Foreign Minister Constantinos Kombos said after talks in Nicosia with Greek Deputy Foreign Minister Harry Theoharis.

Theoharis, who is responsible for economic diplomacy and extroversion, visited Cyprus from September 14 to 15, according to the Greek foreign ministry. His programme focused on investment, trade and closer links between the two countries’ business communities.

Kombos said on his personal account that the discussions focused on strengthening economic diplomacy, investments and joint business extroversion in third markets.

The talks also examined how companies from Cyprus and Greece could cooperate in markets outside the two countries.

Labour market

Cyprus’ main professional body for HR executives is seeking a stronger role in shaping the country’s labour market as employers face changing working practices, workforce development needs and the increasing use of artificial intelligence.