Banking

New lending rises in May, mortgage rate climbs to 4.06%

The Central Bank's analysis shows that interest rates on new loans in Cyprus remain broadly in line with the euro area median

08:10 - 07 Ιουλιου 2026

CBN

A look at Cyprus's evolving banking landscape: The employees, branches and ATMs in numbers

The Cypriot banking system today differs in many respects from what it was 13 or 14 years ago

07:54 - 02 Ιουλιου 2026

CBN

Speakers at Banks Association AGM convey messages of stability along with warnings over foreclosure changes

Experts at the meeting underscored the country’s positive economic indicators, including GDP growth

07:52 - 24 Ιουνιου 2026

CBN

Interest rate differences between Cypriot banks and the eurozone persist

Data published by the Central Bank of Cyprus found that, although the gap has begun to narrow, differences still remain

08:13 - 16 Ιουνιου 2026

CBN

Profitability of banking sector shows annual decrease in first three months by 23.6%

The Central Bank of Cyprus has published the updated aggregate Cyprus banking sector data

08:04 - 15 Ιουνιου 2026

CBN

Cyprus ranks last in Eurozone for deposit rates, with improvement in mortgage lending

Cypriot banks pass on ECB interest rate changes to depositors, and in some cases borrowers, to a lesser extent than their European peers

07:58 - 09 Ιουνιου 2026

CBN

ECB and SRB officials visit Cyprus, highlight Central Bank's role

Single Supervisory Mechanism and the Single Resolution Mechanism representatives noted the Central Bank's contribution to their organisations

07:53 - 26 Μαΐου 2026

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CBN

US-based Nikolas Ioannou on Hyper’s acquisition by Amex, the future of AI and his Cypriot roots

The 23-year-old tech entrepreneur also talks to CBN and InBusinessNews about his unusual and inspiring path to success, including leaving school at 15 to concentrate on business

07:05 - 18 Μαΐου 2026

CBN

Interest rate for new housing loans at 3.04% in February, 1.19% for deposits

For existing housing loans, the average interest rate in Cyprus is 3.50%, significantly higher than the corresponding rate in the eurozone (2.46%)

07:57 - 16 Απριλιου 2026

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