The Central Bank of Cyprus has today published updated aggregate Cyprus banking sector data (non-performing loans data) with reference date 31 March 2025.
At the end of March 2025, the Non-Performing Loans (NPL) ratio of the banking sector decreased marginally to 6,1% from 6,2% the end of December 2024, mainly due to repayments, positive migrations into the performing categories, write-offs and currency fluctuations.
Τhe coverage ratio of NPLs with provisions increased to 60,5% at the end of March 2025 compared with 59,9% at the end of December 2024.
Total restructured loans at the end of March 2025 amounted to €1,3 bn, out of which loans of €0,7 bn continue to be classified as NPLs.
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