The Bank of Cyprus has completed its acquisition of performing loans worth approximately €130 million and deposits of around €440 million from the Cyprus Development Bank (CDB), following the receipt ...

The Central Bank of Cyprus reported larger monthly gains in both deposits and loans for September 2026, with the annual pace of loan growth rising to 14 per cent.

The transaction is expected to have a moderately positive impact on the bank’s income statement, with a limited impact on capital of around 30 basis ...

The Central Bank data also shows Cyprus holds the highest liquidity ratio in the eurozone at 319%, reflecting both a strong household and business savings culture and limited availability of ...

Deposits in Cyprus increased by €697.1 million in September 2026, while total loans rose by €857.80 million, with the Central Bank of Cyprus (CBC) reporting stronger monthly increases in both ...

The Bank of Cyprus’s acquisition of performing loans worth 150 million euros and deposits of 500 million euros from Cyprus Development Bank, or CDB Bank, has added to signs of further consolidation in ...

The Cypriot banking sector experienced a further improvement in terms of the volume of non-performing loans across the system, according to a report from the Central Bank of Cyprus (CBC) with a ...

Banks in recession-hit Cyprus, reeling from a financial crisis, are struggling with non-performing loans that make up nearly half their lending and are hampering efforts to finance a cash-starved ...

Non-performing loans (NPLs) in Cyprus’ banking sector fell slightly to €830 million at the end of April 2026, while the overall NPL ratio remained unchanged, according to figures released on Thursday ...

Cyprus remains a strong source of bank profits, with two of the three banks whose parent companies are based in Greece reporting impressive results.

The Central Bank of Cyprus has fixed the reference rate at 11.60 per cent under a Criminal Code provision designed to stop lenders from charging excessive amounts on loans.