Central Bank of Cyprus reports May 2026 banking sector data

According to the Central Bank of Cyprus, total deposits in the country reached €58 billion in May 2026, marking a net increase of €343.8 million. This follows a net decline of €123.1 million in April 2026. The year-on-year growth rate for deposits rose to 5.1%, compared to 4.5% the previous month. Deposits from Cyprus residents grew by €239 million, with households contributing €171.3 million and non-financial corporations adding €194 million, while other domestic sectors saw a decline of €126.2 million. Total loans also increased, rising by €260.3 million to reach an outstanding balance of €28.1 billion, compared to an increase of €40.5 million in April. The annual growth rate for loans accelerated to 12.6% from 12.0% in April. Loans to residents increased by €173.7 million, with household loans rising by €52.7 million and non-financial corporate loans by €63 million.