Cyprus Banks Report €1.024 Billion Profit In 2025 As Assets And Capital Increase

by THEFUTURE.TEAM

March 19, 2026

Latest data released Tuesday by the Central Bank of Cyprus show banking sector net profit declined in 2025, while total assets and capital adequacy increased.

Declining Profitability Driven By Interest Income Contraction

Banking sector net profit declined by €165 million, or 13.9%, to €1,024 million in 2025 from €1,189 million in 2024. Decline reflects lower net interest income (NII), indicating pressure on lending revenues as interest rate conditions evolve. Additional analysis of banking performance has been published by industry analysts.

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Asset Expansion Fueled By Increased Lending And Investments

Total assets increased by €4,357 million, or 6.6%, to €69,961 million at the end of 2025, compared with €65,604 million a year earlier. Growth reflects higher volumes of loans, advances, and debt securities, indicating continued balance sheet expansion.

Enhanced Capital Adequacy Strengthens Sector Resilience

Common Equity Tier 1 ratio increased to 25.8% at the end of 2025 from 24.7% in 2024, a rise of 1.1 percentage points. Increase reflects higher CET1 capital and a reduction in risk-weighted assets, strengthening capital buffers. Banks expanded assets and improved capital positions during the period, while profitability declined due to lower interest income.

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Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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