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The Central Bank of Cyprus announced that 670 counterfeit euro banknotes were withdrawn from circulation last year, a 17.1% increase from the previous year, with the €55 note being the most counterfeited.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