The Central Bank of Cyprus published updated aggregate data on non-performing loans (NPLs) for the Cyprus banking sector with a reference date of 30 November 2025, showing a further decline in the sector’s NPL ratio. At end-November 2025, the NPL ratio excluding loans and advances to Central Banks and Credit Institutions fell to 4.0% from 4.2% at end-October. The MEX index, calculated under the European Banking Authority (EBA) Risk Matrix methodology including loans and advances to Central Banks and Credit Institutions, was unchanged at 2.1%. The coverage ratio of non-performing exposures (NPEs) with bad debt provisions decreased to 70.4% from 70.7%, while the stock of total restructured loans stood at EUR 1.1 billion, of which EUR 0.5 billion remained included in NPEs.
Central Bank of Cyprus publishes November 2025 banking sector NPL data showing NPL ratio down to 4.0%
The Central Bank of Cyprus reported a decline in the non-performing loans (NPL) ratio to 4.0% as of November 2025, with the MEX index stable at 2.1% and a slight decrease in the coverage ratio of non-performing exposures to 70.4%. Total restructured loans amounted to EUR 1.1 billion, with EUR 0.5 billion still classified as non-performing exposures.