Cyprus deposit rates lowest in euro area despite easing loans

Cyprus continues to offer relatively cheaper borrowing for households, particularly for housing, while delivering the lowest deposit returns in the euro area, according to the European Central Bank (ECB).

The ECB’s latest interest rate figures for November 2025 cover loans and deposits across the euro area, shedding light on borrowing and savings conditions and highlighting Cyprus’ position relative to its peers at a time of easing credit conditions and persistently weak deposit returns.