The Cypriot banking sector saw a healthy expansion in both savings and lending as 2025 approached its end. According to the latest figures from the Central Bank of Cyprus (CBC), reported by Stockwatch.com.cy, November was characterized by a substantial influx of deposits and a steady demand for new credit, particularly among local households.
The data reveals that total deposits in the system reached a massive €57.9 billion, while the total loan balance climbed to €26.8 billion.
The Savings Surge: Residents Drive Growth
Cypriot residents were the primary architects of a €330.8 million net increase in total deposits during November. While this was slightly lower than October’s €412.3 million surge, the annual growth rate for deposits actually accelerated to 6.7%.
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Household Strength: Families led the saving trend, contributing €176.4 million to the monthly increase.
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Corporate Contributions: Non-financial corporations added a modest €26.6 million to their accounts.
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Domestic Focus: Of the total growth, €258.6 million originated from residents within Cyprus.
The Lending Landscape: Households Lead the Way
On the borrowing side, the market remains active, with the annual rate of change for loans hitting 10.5%. Total loans saw a net monthly rise of €71.5 million, though this reflects a cooling compared to the massive €336.6 million jump seen in October.
The most striking takeaway from the credit data is the dominance of private individuals over corporate entities:
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Household Debt: New loans to households accounted for €50.3 million (roughly 70% of the total monthly increase).
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Corporate Credit: In contrast, loans to non-financial corporations saw a minor contraction of €0.7 million.
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Local Residents: Total loans to Cyprus-based residents grew by €58.4 million.
November 2025 Financial Snapshot
| Metric | Total Balance | Net Monthly Change | Annual Growth Rate |
| Total Deposits | €57.9 Billion | +€330.8 Million | 6.7% |
| Total Loans | €26.8 Billion | +€71.5 Million | 10.5% |
Analysis of the Shift
The contrast between the sharp increase in household borrowing and the slight dip in corporate lending suggests that while families are continuing to invest—likely in housing or personal credit—businesses are taking a more cautious stance as the year closes. Meanwhile, the robust growth in resident deposits indicates a strong liquidity position for the local population heading into 2026.
Source: Stockwatch.com.cy