The total assets of investment funds operating in Cyprus increased by 2.5 percent to €8.37 billion in June, with the number of funds rising to 353, according to the Central Bank of Cyprus.

An official from the Central Bank of Cyprus has published an analysis highlighting potential risks associated with new international audit requirements, linking stronger internal audit to public trust.

The Central Bank of Cyprus (CBC) reported that deposit interest rates increased in June 2026, while consumer borrowing costs eased. The value of pure new lending also saw a sharp monthly rise, primarily driven by large corporate loans.

The Central Bank of Cyprus reported that household financial assets reached €65.30 billion, with household debt edging higher in the first quarter of 2026.

Christodoulos Patsalides, the Governor of the Central Bank of Cyprus, has expressed support for the European Central Bank's cautious stance on interest rates. He warned that inflation risks are increasing due to persistently high energy prices.

Non-performing loans (NPLs) in Cyprus' banking sector slightly decreased to €830 million by the end of April 2026, according to the Central Bank of Cyprus, though the overall NPL ratio remained unchanged.

Senior officials from the Cyprus Securities and Exchange Commission (CySEC) and the Central Bank of Cyprus (CBC) stated that the future of payments will rely on trust, effective supervision, and responsible innovation as crypto assets integrate into mainstream finance.

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides this week participated in the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, an annual gathering focused on…

The Central Bank of Cyprus has revised down its growth forecasts, citing heightened tensions in the Middle East as a key factor impacting the economy. This adjustment reflects concerns over regional instability affecting various sectors.

The Central Bank of Cyprus (CBC) announced its decision to keep the countercyclical capital buffer rate at 1.5%, deeming the current level appropriate for financial stability.

Apartment prices in Cyprus increased by 10.8 percent in the first quarter of 2026 compared to the previous year, driven by strong demand, particularly from foreign buyers, according to figures released by the Central Bank of Cyprus.

According to the Central Bank of Cyprus' latest bank lending survey, loan demand increased across businesses and households in Cyprus during the first quarter of 2026, while lending criteria remained unchanged.

The Central Bank of Cyprus (CBC) has published a summary overview of its governance framework, detailing its structures, principles, and decision-making mechanisms to enhance transparency.

The Central Bank of Cyprus reported a 23.6% fall in the profitability of the country's banking sector during the first quarter of 2026, amounting to a €62 million decrease.

The Central Bank of Cyprus announced that excess liquidity in the Cypriot banking system decreased to €17.4 billion by the end of 2025, down from €18.4 billion a year prior.

The Central Bank of Cyprus will host a financial literacy round table on June 18, bringing together European central banking figures and presenting new research on public attitudes towards savings and investment.

The Central Bank of Cyprus reported that the total assets of investment organizations in Cyprus increased by 3.5 percent, surpassing €8 billion by the end of March 2026, reflecting continued growth in the sector.

The Central Bank of Cyprus announced a decrease in the number of bounced cheques in April, though their total value remained largely stable.

Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, according to figures released by the Central Bank of Cyprus, while lending rates were broadly aligned with the euro area average.

Cyprus bank deposits soared to a record €57.8 billion in March 2026, increasing by €426.8 million month-on-month, while loans grew at twice the economic rate, according to data from the Central Bank of Cyprus.

The Central Bank of Cyprus (CBC) has announced new adjustments to the cost of borrowing. This decision is expected to influence lending rates and economic activity within the country.

The Central Bank of Cyprus reported that ship management revenues surpassed €1 billion in the second half of 2025, representing a 2.3 percent increase from the first half of the year.

The Central Bank of Cyprus (CBC) announced that 94% of the €19.35 billion in total loan balances held by credit-acquiring companies at the end of 2025 are classified as non-performing.

The Central Bank of Cyprus reported that deposit rates in Cyprus remain among the lowest in the eurozone, alongside declines in lending rates and an increase in new loan activity for February 2026.

Preliminary external statistics from the Central Bank of Cyprus indicate that the country's current account deficit narrowed to 6.4% of GDP in 2025, alongside improvements in its international investment position and external debt levels.

The Central Bank of Cyprus has significantly cut its economic growth forecast and sharply raised its inflation outlook for 2026, citing the ongoing Middle East conflict and geopolitical uncertainty as the primary drag on the island’s economy.

The Central Bank of Cyprus reported that the banking sector's profitability declined in 2025, with aggregate profits dipping to €1 billion, while assets grew to nearly €70 billion.

The Central Bank of Cyprus reported a decrease in the number of bounced cheques in February 2026, with 8 cheques totaling €47,460, compared to 34 cheques worth €42,493 in February 2025.

The Central Bank of Cyprus reported a significant drop in total net new loans in January 2026, with a decrease of €377.7 million compared to the previous month, while deposit rates remained low.

The Central Bank of Cyprus (CBC) has announced two new public tenders, one for critical IT security infrastructure and another for in-house cafeteria service provision.

The Central Bank of Cyprus (CBC) has initiated a public survey to gather perceptions on savings and investment issues, ahead of a financial literacy event scheduled for March 26, 2026.

Cyprus banks maintained a non-performing loan ratio of 1.6 percent at the end of May 2026, according to the Central Bank of Cyprus. This performance indicates that the sector's asset quality is significantly better than the EU-wide average recorded two months prior.

The Central Bank of Cyprus has announced it is accepting applications for two senior vacant positions within its workforce.

The Central Bank of Cyprus (CBC) has established the reference interest rate at 11.32 percent. This rate was set in accordance with Article 314A of the Criminal Code Law, utilizing the powers granted to the CBC.

Cypriots withdrew a total of €2.6 billion as the number of automated teller machines (ATMs) across Cyprus continued to decline. The total number of ATMs fell slightly from 398 at the end of the second half of 2024 to 396 by the end of the second half of 2025, according to the Central Bank of Cyprus.

A working paper by the Central Bank of Cyprus indicates that the country's 2026 personal income tax reform will primarily benefit upper-middle-income and high-income households with the largest financial gains.

The Central Bank of Cyprus has issued an open invitation for tenders for the minting, packaging, and delivery of new gold and silver collector coins, designated as Tender Number 12/2026.

The value of bounced cheques issued in Cyprus rose to €37,188 in June, despite only a slight increase in the number of cases, according to figures released by the Central Bank of Cyprus.

The Central Bank of Cyprus (CBC) has continued to improve the sustainability profile of its non-monetary policy portfolios throughout 2025, as detailed in its latest annual climate-related financial disclosures.

The Central Bank of Cyprus reported a €256 million increase in the value of loans managed outside the country's banking system during the first quarter of 2026, driven primarily by higher household and business borrowing.

The Central Bank of Cyprus (CBC) has introduced a new 'Statistics Explained' section on its website to enhance public understanding of economic data and strengthen statistical literacy.

A Central Bank of Cyprus official stated that the digital euro will not replace cash and is planned to offer offline transactions and physical cards, with a full rollout expected by 2030.

The Central Bank of Cyprus has revised down its economic growth forecasts for 2026 and 2027, citing the ongoing Middle East conflict as a key factor that poses risks of weaker growth and higher inflation.

The Central Bank of Cyprus has released a new set of Cyprus euro coins featuring paintings by the renowned local artist George Pol Georgiou. The collection includes four of Georgiou’s works, such as 'Interior of My Bungalow' and 'Self-Portrait'.

The Central Bank of Cyprus stated that the country's pension system is facing demographic pressures, noting that Cyprus ranks third in the eurozone for the number of pension funds despite a recent decline.

The Central Bank of Cyprus (CBC) reported a decrease in bounced cheques for May 2026, with ten cheques totaling €32,026 registered in the Central Information Register.

Deposits in the Cypriot banking system decreased by €123.1 million in April 2026, reversing a net increase seen in March, according to the Central Bank of Cyprus.

The Central Bank of Cyprus issued a public notice announcing that all banking institutions on the island will be closed on June 1, 2026, in observance of a scheduled bank holiday.

The banking sector in Cyprus recorded a historically low non-performing loans ratio in February 2026, according to figures released by the Central Bank of Cyprus, indicating continued stability.

A Central Bank of Cyprus study reveals that high prices persist across the economy, eroding household purchasing power, especially for vulnerable groups, despite a sharp decline in inflation.

The Central Bank of Cyprus reported a significant net increase of €528.1 million in total loans for March 2026, indicating continued growth in the country's banking sector.

The Central Bank of Cyprus (CBC) announced that all banks across the island will remain closed on May 1, 2026, in observance of Labour Day.

The Central Bank of Cyprus announced that the non-performing loan ratio for the Cypriot banking sector held steady at 1.6 percent as of January 31, 2026, unchanged from the previous month.

The Central Bank of Cyprus (CBC) reported declines in both deposit and lending rates for February 2026, alongside an increase in new loan activity, as part of its latest interest rate statistics.

The Governor of the Central Bank of Cyprus highlights the resilience and prudent strategy of the Cypriot banking sector as it navigates an environment of heightened uncertainty and evolving risks.

Panayiota Karamanou, directorate-general of financial stability and resolution head at the Central Bank of Cyprus (CBC), highlighted the critical need to strengthen investor confidence to boost participation in the EU's Savings and Investment Union (SIU).

The Central Bank of Cyprus reported that credit conditions for businesses and households remained stable in the fourth quarter of 2025, despite a significant increase in demand for residential and consumer loans.

The Central Bank of Cyprus announced that its total assets and liabilities reached €27.99 billion at the end of February 2026.

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (CBC) on Tuesday. The study, authored by Aris Avgousti and Stephani Michael of the centre for strategy and policy production, showed that banking concentration and […]

The Central Bank of Cyprus has issued a public notice informing individuals and businesses that banks will be closed for two upcoming national holidays.

ATMs processed withdrawals worth €2.5 billion in the first half of 2025, according to data from the Central Bank of Cyprus (CBC), even as the total volume of transactions declined compared with the…

Inflation in Cyprus is slowing, but the cost of living remains a challenge. In response, the Central Bank of Cyprus has launched a new digital blog to enhance public understanding of economic and central banking issues.

The Central Bank of Cyprus has extended the deadline for companies to submit tenders for minting, packaging, and delivering Cyprus euro silver and gold collector coins until September 25, 2026.

A Central Bank of Cyprus report indicates that Cypriot banks continued to offer deposit rates significantly below the eurozone average in June 2026. The report also highlighted persistent differences in both savings and lending rates among individual lenders.

The Central Bank of Cyprus published an Economic Brief examining how the European Central Bank’s recent monetary policy cycle reshaped the composition of bank lending in Cyprus, concluding a marked shift towards longer-term loans.

The Central Bank of Cyprus (CBC) will implement stricter licensing rules for electronic money and payment institutions starting August 3, 2026, introducing a new pre-application stage, higher fees, and tougher scrutiny.

The Central Bank of Cyprus (CBC) governor, Christodoulos Patsalides, has cautioned about potential upward inflation risks, citing the persistent conflict in the Middle East.

The Central Bank of Cyprus (CBC) has issued a warning about growing cyber risks posed by advanced artificial intelligence models, citing concerns from the European Systemic Risk Board (ESRB).

New housing loans in Cyprus significantly increased in May 2026, with the average interest rate on new housing purchase loans reaching 4.06 percent, according to data from the Central Bank of Cyprus.

The Central Bank of Cyprus (CBC) has revised down its economic growth forecasts for 2026 and 2027, citing the ongoing impact of the war in the Middle East and warning of continued downside risks.

Cyprus's current account deficit widened and its international investment position deteriorated in the first quarter of 2026, with external debt increasing by €1.5 billion, according to the Central Bank of Cyprus.

The Central Bank of Cyprus announced that the digital euro will feature offline transactions, physical cards for non-smart device users, and is slated for a full rollout by 2030.

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides has warned against complacency despite strong results for Cypriot banks. The central bank is examining the activation of a systemic risk buffer.

Christodoulos Patsalides, Governor of the Central Bank of Cyprus, has advocated for the introduction of mandatory financial literacy courses in schools to better prepare young people for their financial futures.

The Central Bank of Cyprus reported that interest rates offered by Cypriot banks remain lower than the eurozone average, although the disparity has decreased in some categories.

Cyprus' domestic banking sector maintained a stable non-performing loan ratio of 1.6 per cent in March 2026, consistent with figures from December 2025, according to data from the Central Bank of Cyprus.

The Central Bank of Cyprus has reported that the transmission of European Central Bank interest rate changes to the Cypriot banking sector is weaker compared to most other euro area countries, resulting in the lowest deposit rates in the Eurozone.

The Central Bank of Cyprus (CBC) hosted a high-level joint visit from top European financial regulators on May 22, 2026, to emphasize its active role in European banking oversight.

The Central Bank of Cyprus reported that interest rates on new housing loans decreased in March, but borrowing costs for businesses continued to be above the euro area average.

Cyprus maintained some of the eurozone's lowest deposit interest rates in March 2026, according to the Central Bank of Cyprus, while lending rates remained consistent with euro area averages.

Cyprus household financial assets reached €65.1 billion by the end of December 2025, with over half held in cash and deposits, while household debt stood at €19.8 billion, according to the Central Bank of Cyprus.

Cyprus's economic activity between 2026 and 2028 is projected to receive a significant boost from large private infrastructure investments and increasing exports, with tourism expected to recover next year, according to the Central Bank of Cyprus governor.

The Central Bank of Cyprus (CBC) has reported a significant decrease in the average monthly number of individuals and companies registered for issuing bounced cheques in 2025 compared to the previous year.

The Central Bank of Cyprus reported that average interest rates for new housing loans in Cyprus were 3.04% in February, lower than the eurozone average of 3.41%, with deposit rates also remaining below the average.

The Central Bank of Cyprus has announced that all local banking institutions will be closed for a three-day period to observe the annual Orthodox Easter holidays.

The Central Bank of Cyprus announced that its €5 silver collector coin 'Rigaina’s castles' has completely sold out at its counters, indicating strong public and collector demand.

Total bank deposits in Cyprus rose by €202 million in February 2026, marking a 4.7 percent year-on-year increase, following a dip in January, according to the Central Bank of Cyprus.

Cyprus experienced an accelerated increase in house prices during the fourth quarter of 2025, primarily driven by strong demand from both domestic and foreign buyers, according to the Central Bank of Cyprus.

The Central Bank of Cyprus (CBC) has announced the issue of a €5 silver collector coin titled “Rigaina’s castles”, marking the assumption of the Council of the European Union presidency by the Republic of Cyprus for the first half of 2026. The coin, produced in proof condition with mint year 2026, forms part of a […]

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, stated that the country is navigating current economic challenges from a strong position, citing its sound economic fundamentals.

The Central Bank of Cyprus announced that 670 counterfeit euro banknotes were withdrawn from circulation last year, a 17.1% increase from the previous year, with the €55 note being the most counterfeited.

The Central Bank of Cyprus reported a significant net decrease of €851.2 million in total deposits for January 2026, despite an acceleration in annual loan growth.

The Central Bank of Cyprus (CBC) has announced that it will survey citizens across the island on savings and investment issues ahead of a public dialogue event in March. The central bank said it is organising an event on March 26, 2026 titled Financial Literacy for Life – European Citizens’ Dialogue. The event will take […]