Cyprus banks record drop in housing and consumer loans

Net new loans in Cyprus declined in November 2025, according to a report released this week by the Central Bank of Cyprus (CBC).

Specifically, net new loans fell to €256.3 million during this time, from total new loans of €565.2 million, compared with €429.4 million, from total new loans of €624.9 million in the previous month.

The Central Bank of Cyprus’ report also contained statistical data on average interest rates applied by monetary financial institutions in Cyprus on...