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.

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

The Bank of Cyprus published its Pillar 3 disclosures for the year ended December 31, 2025, providing insights into its risk profile, financial performance, and strategic direction.

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 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 Bank of Cyprus' 'Small Creations, Great Contribution' event exceeded expectations, raising over €10,000 for the Cyprus Anti-Cancer Society. All proceeds from the two-day event held at Nicosia Mall were donated to the charity.

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 Bank of Cyprus announced a new initiative to support the hotel industry and reward its customers, aiming to boost local tourism amidst ongoing regional challenges.

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 Bank of Cyprus (BoC) board of directors has approved the annual financial report for the year ended December 31, 2025, which includes the audited consolidated financial statements and a €305 million distribution.

The Bank of Cyprus has been recognized for the second consecutive year with two major distinctions at the Euromoney Private Banking Awards 2026, including being named Best Private Bank.

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 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 Bank of Cyprus (BoC) has announced an agreement to acquire performing loans, deposits, and selected assets and liabilities from the Cyprus Development Bank (CDB), aligning with its growth strategy.

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 Bank of Cyprus on Wednesday reported strong investor interest during its participation in the Morgan Stanley European Financial Conference in London, following a series of high-level meetings…

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 […]

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

Panicos Nicolaou, CEO of Bank of Cyprus, expresses a reassuring outlook despite geopolitical uncertainties and the presence of drones, as he manages imported challenges.

The Bank of Cyprus Cultural Foundation (BoCCF) is planning a new series of activities and events to mark the 10th anniversary of the Faneromeni Arts Festival (2016–2026), and issuing an open call for…

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.

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 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 Bank of Cyprus Holdings PLC has announced amendments to the final terms of its €650 million Series 2 Floating Rate Covered Bonds.

The Bank of Cyprus has published its annual general meeting (AGM) notice, detailing its financial position, governance, and proposed shareholder returns, including dividend and buyback plans.

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 Bank of Cyprus (BoC) has been recognized as the ‘Best Private Bank Cyprus 2026’ at the Global Banking & Finance Awards, acknowledging its excellence in private and affluent banking services.

The annual Christodoula March, organized by the Cyprus Anti-Cancer Society and the Bank of Cyprus, has been postponed. The decision was made to ensure participant safety amidst forecasts of severe weather conditions.

A weekly wrap-up of Cyprus business news highlights the Bank of Cyprus's initiative to support the hotel industry and reward customers amidst regional challenges.

Digital banking has transitioned from an optional service to a fundamental tool for managing finances in Cyprus, with Bank of Cyprus data for 2025 showing a significant increase in its use.

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 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.

The Bank of Cyprus Holdings Public Limited Company announced its total issued share capital stands at 435,772,799 ordinary shares, each with a nominal value of €0.10 and carrying one voting right.

The Bank of Cyprus launched a cybersecurity initiative in Limassol, engaging students in its 'The Young Ask and Provide Solutions' program to address threats to critical infrastructure.

The Bank of Cyprus's acquisition of €150 million in performing loans and €500 million in deposits from Cyprus Development Bank (CDB Bank) continues to signal a new phase of consolidation within Cyprus's banking sector, thirteen years after the financial crisis.

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.

The Bank of Cyprus (BoC) announced a support package to assist livestock farmers and other businesses and individuals impacted by foot and mouth disease.

The Bank of Cyprus Cultural Foundation (BoCCF) will host a presentation on April 3 detailing the mission, operation, activities, and relationship with Cyprus of the Historical and Palaeographical Archive of the National Bank of Greece Cultural Foundation.

The Bank of Cyprus (BoC) has announced the date for reviewing its audited financial statements for the year ended December 31, 2025, and released an updated financial calendar for 2026.

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.

International banks signalled strong confidence in the Greek banking sector’s outlook for 2026, highlighting resilient credit expansion, solid asset quality and growing investor demand. This follows meetings with major lenders including Eurobank, Alpha Bank, National Bank of Greece, Piraeus Bank and the Bank of Cyprus. According to Greek business outlet Newmoney, the above assessment was […]

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.

Bank of Cyprus cardholders can receive six months of Foody Pro, offering €0 delivery fees and exclusive offers, by making purchases of at least €100 in March at supermarkets.

Bank of Cyprus has introduced 'Joey', a new banking application designed to promote financial literacy among children and teenagers, equipping them with essential financial knowledge.

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

Recognising the seriousness of the public health crisis arising from confirmed cases of Foot-and-Mouth Disease (FMD) in the Larnaca district, Bank of Cyprus (BoC) has proceeded with the immediate…

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 […]

The Bank of Cyprus Cultural Foundation (BoCCF) and the Pierides Museum are set to present an exhibition featuring the works of pioneering sculptor Nina Iacovou.

The Bank of Cyprus announced that American investment firm Eaton Vance Management has trimmed its holding in the bank, following a disposal of voting rights filed to the Cyprus Stock Exchange.

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 Bank of Cyprus has been recognized as the 'Best Private Bank Cyprus 2026' by the Global Banking & Finance Awards, acknowledging its leadership in private and affluent banking.

The Christodoula March 2026, organized by the Cyprus Anti-Cancer Society and the Bank of Cyprus, has been postponed from April 18 to April 25 due to adverse weather conditions forecast by the Meteorological Service.

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 Bank of Cyprus board of directors has approved its annual financial report for 2025, highlighting strong profitability, lending growth, and capital strength.

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.

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.

The Bank of Cyprus Cultural Foundation is honoring Cypriot tradition with a workshop for adults on 'Perfect Wine Pairing for your Easter Table' on April 5th, as part of its research into intangible cultural heritage.

A roundup of business news from Cyprus covers topics including freedom, tourism, shipping, innovation, and the Bank of Cyprus, alongside a chess tournament.

The Bank of Cyprus Cultural Foundation's flagship exhibition, "Cyprus Insula – History, Memory, Reality," is traveling to Brussels as part of the Cypriot Presidency of the Council of the European Union. The exhibition explores the island's rich history and cultural identity.

The Bank of Cyprus announced its decision to proceed with the early redemption of its Tier 2 Capital Notes, marking the final stage in managing the €300 million debt instrument originally issued in 2021.

The Bank of Cyprus has completed the acquisition of the healthy assets and operations of CDB Bank, strengthening its position in the Cypriot banking sector.

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 Bank of Cyprus held 30 meetings with major global investment funds, including Wellington, Fidelity, and T. Rowe Price, during the Morgan Stanley European Financial Conference in London, signaling strong investor interest.

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

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.

Societe Generale Bank – Cyprus has become the first bank on the island to agree a four-day working week for its staff, after reaching a collective agreement with banking union ETYK covering the period 2023–2027. Bank of Cyprus, Eurobank, Alpha Bank, the National Bank of Greece (Cyprus), the Housing Finance Corporation, KEDIPES and bank insurance […]

The Bank of Cyprus has stated its preparedness to face any economic uncertainty.

The Bank of Cyprus (BoC) is focusing on fintech and insurance sectors for targeted acquisitions as part of its 2026-2028 business plan, while also anticipating steady loan growth and preparing for increased competition.

The Bank of Cyprus (BoC) has announced updated financial targets and capital allocation plans, aiming for a 100 percent profit payout to shareholders by 2027. Additionally, BoC agreed to invest €6 million in Wealthyhood.

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…

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.