The Central Bank of Cyprus has published its latest statistics detailing deposits and loans for Monetary Institutions as of January 2026, as featured in the report Monetary and Financial Statistics – February 2026. The data underscores notable shifts in the banking sector, calling attention to both declining deposits and evolving loan dynamics.
Decline In Total Deposits
Total deposits recorded a net decrease of €851.2 million in January 2026, a reversal from the net increase of €877.1 million observed in December 2025. The annual rate of change for deposits dipped to 5.3% from 6.5% in the preceding month, positioning the overall deposit balance at €56.9 billion.
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Sector-Specific Deposit Trends
A closer examination reveals that deposits from Cypriot residents fell by €767.7 million. Within this segment, household deposits experienced a marginal uplift of €34.2 million, in stark contrast to non-financial corporations which saw a decline of €469.7 million. Moreover, other domestic sectors collectively posted a reduction of €332.2 million.
Rise In Total Loans
Conversely, overall loan figures climbed with a net increase of €76.4 million, albeit at a more subdued pace compared to the €587.2 million surge reported in December 2025. The annual growth rate for loans adjusted upward to 11.2% from 10.7%, pushing the cumulative loan balance to €26.9 billion.
Detailed Loan Breakdown
Further analysis identifies a €124.2 million increase in loans to Cypriot residents. Loans allocated to non-financial corporations advanced by €22.6 million, while household lending remained unchanged. The remaining domestic sectors contributed an additional €101.5 million to the increase in total loans, marking a differentiated performance across segments.
This comprehensive statistical release by the Central Bank of Cyprus provides an essential framework for understanding the prevailing financial conditions. The insights derived are critical for stakeholders as the nation navigates its economic policies and broader market trends.
