The National Bank in Cyprus recorded strong growth for another year, confirming the consistent implementation of its strategy and its active role in supporting the economy, according to a relevant announcement.
Strong growth driven by new lending
New lending, based on the bank’s financial results for 2025, amounted to €1.3bn, serving as the main growth driver and reinforcing its active role in financing businesses and investments both locally and internationally. Total assets reached €2.7bn, marking a 128% annual increase.
Profitability and improved efficiency
Operating profits amounted to €23.6m, up 39% year‑on‑year, reflecting consistent execution of the strategy and improved operational efficiency. The cost‑to‑income ratio stood at 47.6%, improved by 1 percentage point, ensuring prudent cost management.
Robust financial position
The bank maintains a strong capital position, with the Common Equity Tier 1 (CET1) ratio at 19.7%, while asset quality remains at very high levels, with the non‑performing exposure ratio at 0.7%, reduced by 110 basis points year‑on‑year.
From strategy to performance
The results clearly demonstrate the link between the bank’s strategic priorities and their effective implementation. The focus on growth, efficiency and maintaining a healthy balance sheet translates into strong performance and lays the foundations for the future. Emphasising continuous improvement in efficiency, enhancement of customer experience and the use of digital innovation, the bank continues to invest in a modern operating model that responds to evolving market needs and sustainably supports its growth trajectory.
Growth with a meaningful impact on the economy
“Our results confirm that the strategy we set delivers in practice. New lending in 2025, amounting to €1.3bn, reflects our role as a reliable financier of the local and international market. This performance strengthens the bank’s strategic direction for further growth in the Cypriot market, with the aim of establishing itself as the bank of first choice for the Cypriot entrepreneur. At the same time, leveraging our position as an International Hub of the Group, we are strengthening our activity in cross‑border transactions, offering specialised and structured solutions to businesses with an international presence. We move forward with consistency and commitment to the goals we have set,” said CEO Giorgos Ayioutantis in a statement.
Strong results through prudent cost management
“The profitability achieved and the improvement in efficiency indicators reflect our systematic approach to cost management and operational discipline. We maintain a healthy and resilient balance sheet, with high capital adequacy that allows us to support growth safely and consistently. We remain committed to value creation through stable results and prudent financial management,” noted CFO Paola Ioannou Michalia.