The Central Bank of Cyprus published updated monetary financial institution statistics for November 2025 on average interest rates for deposits and loans in euro with euro area residents, alongside volumes of new lending. The data show small month-on-month increases in household deposit and key retail loan rates, a jump in pricing on large corporate loans, and a decline in net new lending versus the previous month. For new deposit business, the household rate for maturities up to one year rose to 1.13% from 1.07%, while the rate on deposits from non-financial corporations fell to 1.17% from 1.23%. On the lending side, consumer loan rates increased to 6.95% from 6.88% and rates on loans for house purchase rose to 3.86% from 3.73%, with the Central Bank noting that the weighted average can shift with month-to-month changes in portfolio composition. Rates on loans to non-financial corporations up to EUR 1 million were unchanged at 4.39%, while rates for amounts above EUR 1 million increased to 4.50% from 3.69%, attributed to a higher prevalence of higher-risk loans. Net new loans fell to EUR 256.3 million (from EUR 429.4 million), out of total new loans of EUR 565.2 million (from EUR 624.9 million), with decreases reported across consumer lending, house purchase lending, and corporate lending both below and above EUR 1 million. In a euro area comparison, interest rates on outstanding loan balances in Cyprus were reported as close to the Eurozone median, with spreads of 0.0% for households and 0.4% for non-financial corporations, while new lending rates were broadly comparable, including a -0.4% spread on new housing loans and a 0.8% margin on new loans to non-financial corporations. Deposit rates on both outstanding balances and new business were described as the lowest in the Eurozone, with high bank liquidity cited as a possible factor, including a Liquidity Coverage Ratio of 319% in November 2025. The statistics are included in the December 2025 edition of Monetary and Financial Statistics, with comparative euro area data available via the European Central Bank’s Data Portal.
Central Bank of Cyprus 2026-01-07
Central Bank of Cyprus publishes November 2025 MFI interest rate and new lending data showing higher household deposit and mortgage rates and lower net new lending
The Central Bank of Cyprus released November 2025 monetary financial institution statistics, noting slight increases in household deposit and key retail loan rates, a significant rise in large corporate loan pricing, and a decrease in net new lending. Cyprus's interest rates on outstanding loans were near the Eurozone median, while deposit rates were the lowest, attributed to high bank liquidity with a Liquidity Coverage Ratio of 319%.