Business & Finance
Bank Profits at €1 Billion in 2025, Down 14% Year‑on‑Year
Banking sector assets rose by €4.4 billion, reflecting higher volumes of loans and advances as well as debt securities, according to Central Bank of Cyprus data.
CENTRAL BANK OF CYPRUS
ECONOMY
Cypriots Increasingly Turn To Digital Payments, Central Bank Report Shows
A statistical report by the Central Bank of Cyprus for the first half of 2025 records card payments as the most widely used payment method by volume, placing Cyprus among the eurozone’s leading countries for digital transactions.
ECONOMY
Increase of €877 Million in Deposits and €587 Million in Loans in December
Deposit and loan growth reflects seasonal trends and strong household activity
POLITICS
Initiatives On Financial Literacy in Cyprus
Central bank highlights financial education as a pillar of competitiveness, resilience and sustainable prosperity.
ECONOMY
Cyprus Economy: What To Expect In 2026
University of Cyprus Economics Research Centre, the Central Bank, the IMF, the European Commission and the Ministry of Finance broadly agree that Cyprus will remain on a growth path in 2026, with GDP expansion projected between 2.6% and 3.5%, while public finances stay strong and unemployment and inflation remain contained.
