The Central Bank of Cyprus published May 2026 monetary and financial statistics for monetary financial institutions showing that both deposits and loans increased more strongly than in April. Total deposits recorded a net increase of EUR 343.8 million, compared with a net decrease of EUR 123.1 million in April, while total loans rose by a net EUR 260.3 million, up from a net increase of EUR 40.5 million in April. Annual growth rates accelerated to 5.1% for deposits and 12.6% for loans, and outstanding balances reached EUR 58.0 billion and EUR 28.1 billion, respectively. Among Cyprus residents, deposits increased by EUR 239.0 million, driven by households and non-financial corporations, whose deposits rose by EUR 171.3 million and EUR 194.0 million, while other domestic sectors recorded a combined decline of EUR 126.2 million. Resident lending increased by EUR 173.7 million, including EUR 52.7 million to households, EUR 63.0 million to non-financial corporations and EUR 58.0 million to other domestic sectors. The central bank noted that net increases and decreases represent transactions and exclude changes arising from reclassifications, exchange-rate effects and other revaluations.
Central Bank of Cyprus2026-06-29
Central Bank of Cyprus reports May 2026 net deposit increase of EUR 343.8 million and loan increase of EUR 260.3 million
The Central Bank of Cyprus reported that May 2026 deposits and loans at monetary financial institutions both rose more strongly than in April. Total deposits increased by a net EUR 343.8 million and total loans by a net EUR 260.3 million, lifting annual growth rates to 5.1% and 12.6%. Outstanding balances reached EUR 58.0 billion for deposits and EUR 28.1 billion for loans.