The Central Bank of Cyprus published updated aggregate data for the Cypriot banking sector covering profitability, the balance sheet and capital adequacy as of 31 March 2026. First-quarter 2026 profitability fell 23.6% year on year to EUR 202 million, while total assets rose 0.4% from end-2025 to EUR 70.235 billion and the Common Equity Tier 1 ratio declined to 25.1%. The profit decrease from EUR 264 million in March 2025 was attributed mainly to lower net interest income and a foreign exchange loss. Asset growth from EUR 69.961 billion at end-December 2025 reflected increases in loans and advances and in debt securities. The 0.7 percentage point fall in the CET1 ratio from 25.8% at end-December 2025 mainly reflected an increase in the total risk exposure amount, which outweighed higher CET1 capital.
Central Bank of Cyprus2026-06-12
Central Bank of Cyprus updates banking sector data with first quarter profit down 23.6 percent and CET1 ratio at 25.1 percent
The Central Bank of Cyprus released updated aggregate banking sector data as of 31 March 2026. First-quarter profit fell 23.6% year on year to EUR 202 million, total assets rose 0.4% to EUR 70.235 billion, and the CET1 ratio declined to 25.1%.