The Central Bank of Cyprus has today published updated aggregate Cyprus banking sector data (non-performing loans data) with reference date 28 February 2025.
At the end of February 2025, the Non-Performing Loans (NPLs) ratio of the banking sector decreased marginally to 6,2% from 6,3% at the end of January 2025, due mainly to repayments, positive migrations into the Performing categories, write-offs and currency fluctuations.
The coverage ratio of NPLs with provisions increased at 58,9% at the end of February 2025 compared with 58,3% at the end of January 2025.
Total restructured loans of Authorized Credit Institutions at the end February 2025 amounted to €1,3 bn of which, loans of €0,7 bn continue to be classified as NPLs.
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