Cyprus bank deposits fall by €850m in sharp January decline

The Central Bank of Cyprus (CBC) on Thursday reported a sharp net decrease of €851.2 million in total deposits for January 2026, even as annual loan growth accelerated.

According to the CBC’s latest MFIs deposits and loans statistics report, total deposits in January 2026 recorded a net decrease of €851.2 million, compared with a net increase of €877.1 million in December 2025.

The annual growth rate of total deposits stood at 5.3 per cent, down from 6.5 per cent in December 2025.