Central Bank of Cyprus reports growth in deposits and loans for September 2026
AI-generated image
AI Synthesis Sources: 4

Central Bank of Cyprus reports growth in deposits and loans for September 2026

Data released by the Central Bank of Cyprus (CBC) for September 2026 indicates a significant increase in financial activity within the domestic banking system. Total deposits saw a net increase of €697.1 million, reaching a total balance of €60.2 billion. This reflects a 6.5% annual growth rate, consistent with figures observed in August. Meanwhile, total loans experienced a substantial net growth of €857.8 million, raising the total balance to €29.6 billion and accelerating the annual growth rate to 14%, up from 11.8% the previous month.

Domestic residents contributed significantly to these figures, with resident deposits rising by €639.9 million and resident loans increasing by €470.8 million. Non-financial corporations accounted for a major portion of deposit inflows at €373 million. In addition to these statistics, the CBC's balance sheet report for September, signed by Governor Christodoulos Patsalides, confirms that the banking system maintains sufficient liquidity. The central bank reported zero reliance on monetary policy lending mechanisms, with total assets and liabilities standing at approximately €27.88 billion as of September 30, 2026.

Original Sources