The share of non-performing loans (NPLs) in Cyprus’ banking sector fell to 5.9% in April 2025, down from 6.1% in March, according to updated aggregate figures released on Friday by the Central Bank of Cyprus (CBC).
The CBC attributed the improvement to a combination of loan repayments, positive reclassifications into performing categories, write-offs, and exchange rate movements.
At the end of April, total loans in the system amounted to €25.19 billion, with NPLs making up €1.49 billion. Of this amount, €1.15 billion were loans overdue by more than 90 days.
Breaking down the figures, the NPL ratio stood at 7.7% for households, 5.1% for non-financial corporations, and 7.3% for small and medium-sized enterprises (SMEs).
Provisions for NPLs rose marginally to 60.7% in April from 60.5% in March. Meanwhile, total restructured loans reached €1.3 billion, with €0.7 billion of these still classified as non-performing.
Source: Stockwatch.com.cy