The Central Bank of Cyprus published updated aggregated data on the Cyprus banking sector’s non-performing loans, with a reference date of 28 February 2025. The Non-Performing Loans (NPLs) ratio edged down to 6.2% at end-February 2025 from 6.3% at end-January 2025. The central bank attributed the marginal decline mainly to repayments, positive movements in the Served Categories, write-offs and exchange rate fluctuations. The coverage ratio of non-performing exposures (NPEs) with default provisions increased to 58.9% from 58.3% over the same period. Restructured total loans to Licensed Credit Institutions stood at EUR 1.3 billion, of which EUR 0.7 billion remained included in NPEs.
Central Bank of Cyprus publishes updated aggregated banking sector non-performing loan data showing a slight fall in the NPL ratio to 6.2%
The Central Bank of Cyprus reported a slight decrease in the non-performing loans (NPLs) ratio to 6.2% as of February 2025, down from 6.3% in January. This decline is attributed to repayments, positive movements in Served Categories, write-offs, and exchange rate fluctuations. The coverage ratio for non-performing exposures (NPEs) with default provisions rose to 58.9%, while restructured loans totaled EUR 1.3 billion, with EUR 0.7 billion still classified as NPEs.