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Keravnos is the current Champion of the Cyprus League, reaching the number of 8 championships and jumping to the third position in the ranking of winners. The club was one of the founding members of the Cyprus Basketball Federation in 1966 and won its first national league in 1989.

The year 2001 was a great one for Keravnos. The team won the Championship for a second consecutive time and also recorded the greatest success that had ever been achieved by any Cypriot sports team, in Pan-European competitions by qualifying for the quarter-finals of the European Saporta Cup.

After this success, Keravnos achieved three more national titles, in 2008, 2017 and 2019.

After winning the Cypriot title in 2019, Keravnos played in the qualifying rounds of the Basketball Champions League. The club qualified for the BCL for the first time in club history after beating Iraklis and Donar. As such, it became the first Cypriot club ever to qualify for the competition