Opens in a new tab

Breaking news

Cyprus Bank Deposits Exhibit Resilience Amid Loan Contractions

Robust Deposit Growth in August 2025

According to the latest deposit and loan statistics released by the Central Bank of Cyprus (CBC), bank deposits in Cyprus experienced a net increase of €44.3 million in August 2025, marking a notable recovery from July’s net decrease of €154.5 million. The annual growth rate of total deposits registered 6 percent, a slight reduction from the 6.5 percent observed in the previous month. The overall cumulative deposit balance reached €56.5 billion by the end of August, underscoring the sector’s resilience.

Diverse Impacts Across Sectors

Breaking down the figures further, deposits held by Cyprus residents saw an impressive rise of €133.6 million. Household deposits increased by €46.5 million, while non-financial corporate deposits surged by €152.7 million. In contrast, deposits in other domestic sectors experienced a decline of €65.7 million, highlighting a divergent performance across different segments of the market.

Declining Loan Volumes

While deposit inflows showcased strength, the CBC data revealed a net decrease in total loans by €60.8 million in August 2025. This downturn reverses the preceding month’s net increase of €74.9 million, though the annual growth rate of total loans remained solid at 7.2 percent, consistent with July’s performance. By the end of August, the overall balance of loans had adjusted to €26.4 billion.

Sector Specific Loan Analysis

Examining the loan portfolio, loans extended to Cyprus residents declined by €69.9 million. In detail, household loans fell by €15.5 million, and loans to non-financial corporations decreased by €48.6 million, while those from other domestic sectors dropped by €5.8 million. This contraction in lending activity reflects a cautious approach by financial institutions amid evolving economic conditions.

Implications for the Financial Landscape

The latest figures from the CBC suggest a nuanced financial landscape in Cyprus, where robust deposit growth coexists with a tightening of loan portfolios. This duality may indicate a shift in bank strategies, balancing the accumulation of stable deposits against more conservative lending approaches. For market participants, these trends warrant careful monitoring as they adapt to a dynamic economic environment.

Women Accounted For More Than Half Of Scientists In 10 EU Regions

In Portugal’s Continente region, 265,100 women worked as scientists and engineers in 2025, representing 46% of the total workforce in these occupations.

Across the EU, women made up more than half of all scientists and engineers in 10 regions. Four were located in Spain, two in Portugal and one in Greece. The remaining regions were Poland’s Makroregion centralny, Sweden’s northernmost region and France’s outermost regions.

Most of these areas had relatively small numbers of scientists and engineers overall. Spain’s Noreste region was the largest, with 102,700 women in these occupations, accounting for 51% of its total workforce.

Women’s Representation Varies Across Europe

The figures highlight considerable regional differences in both the number of women working in science and engineering and their share of the overall workforce.

Cyprus remains below the EU average, with women accounting for 37.8% of scientists and engineers. However, this share is broadly comparable to that of Île-de-France, one of Europe’s largest centres of scientific and engineering employment.

eCredo
Uol
Aretilaw firm
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter