Bank deposits and lending in Cyprus recorded monthly growth in June 2026
The Central Bank of Cyprus (CBC) reported that both bank deposits and lending recorded significant monthly growth in June 2026. Total deposits increased by a net €601.2 million, reaching an outstanding balance of €58.7 billion, compared to a net increase of €343.8 million in May. The annual growth rate for deposits was 5.0%, slightly lower than the 5.1% recorded in the previous month.
Regarding resident activity, household deposits grew by €49.7 million, while non-financial corporations saw an increase of €480.3 million. Other domestic sectors contributed an additional €96.2 million in deposits. Concurrently, total loans saw a net increase of €499.4 million in June 2026, rising to a total outstanding balance of €28.6 billion. This follows a net increase of €260.3 million in May. Despite the monthly increase, the annual growth rate of lending slowed to 11.6% from 12.6% in May. Loans to Cyprus residents grew by €213.7 million, with household loans increasing by €131.4 million and non-financial corporate loans rising by €90.1 million, while loans to other domestic sectors showed a decrease.