The Central Bank of Cyprus has today published updated aggregate Cyprus banking sector data (profitability, balance sheet and capital adequacy data) with reference date 31 March 2026.
The profitability of the banking sector has declined in the first three months of 2026 by €62 mn or 23,6% to €202 mn from €264 mn in March 2025. This decrease is primarily driven by a reduction in net interest income (NII) and exchange differences loss.
Total assets within the banking sector have risen in the first quarter of 2026 by €274 mn or 0,4%, to €70.235 mn in March 2026 from €69.961 mn in December 2025. This growth is largely attributed to an increase in loans and advances and debt securities.
The Common Equity Tier 1 (CET1) ratio of the banking sector declined in March 2026 by 0,7 percentage points to 25,1%, from 25,8% in December 2025. This decrease is mainly due to an increase in total risk exposure amount which has outweighed the increase of CET1 Capital.
For the analytical data, please click here.