Cyprus banking sector reports marginal decline in non-performing loans for April 2026

According to the Central Bank of Cyprus, non-performing loans (NPLs) in the banking sector reached €830 million at the end of April 2026, down from €835 million in March and €839 million at the end of 2025. Despite this decrease, the overall NPL ratio remained stable at 1.6%. Total banking system loans fell to €51.04 billion in April, compared to €51.35 billion in March and €52.14 billion at the end of 2025. Loans overdue by more than 90 days slightly decreased to €633 million, maintaining a 1.2% share of total lending. Total restructured loans dropped to €752 million in April, with €319 million of that amount still classified as non-performing. The coverage ratio of NPLs with provisions improved to 62.9% from 62.7% in March, although total accumulated provisions decreased to €650 million. The Central Bank noted that households account for the highest proportion of non-performing loans within the current banking structure.