Cyprus Loans Rise €528M In March As Deposits Increase €426M

by THEFUTURE.TEAM

April 29, 2026

The Central Bank of Cyprus reported increases in lending and deposit activity for March 2026. The data show changes in credit expansion and liquidity conditions across the banking system.

Substantial Loan Growth

Total loans increased by €528.1 million in March, compared with a €326.2 million rise in February. The annual growth rate reached 12.6%, up from 12.3% in the previous month. As a result, the total outstanding loan balance rose to €27.9 billion, reflecting continued expansion in credit activity.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Focus On Residential And Corporate Lending

Loans to Cyprus residents increased by €72.3 million. Within this total, household lending rose by €52.3 million, while loans to non-financial corporations increased by €37.3 million. At the same time, lending to other domestic sectors declined by €17.3 million, indicating a shift in the distribution of credit across segments.

Enhanced Deposit Activity Bolsters Liquidity

Deposit activity also increased during the same period. Total deposits rose by €426.8 million in March, compared with €202.2 million in February. This development pushed the annual growth rate to 5.6% from 4.7%, with the total deposit balance reaching €57.8 billion.

Diverse Contributions Across Sectors

Deposits from Cyprus residents increased by €344.1 million. Within this category, household deposits declined by €138.1 million, while deposits from non-financial corporations rose by €158.3 million. In parallel, deposits from other domestic sectors increased by €323.9 million. These sectors include investment organizations, financial intermediaries, auxiliary financial institutions, insurance companies, pension funds, and government entities.

Market Resilience And Forward-Looking Insights

Taken together, the data show increases in both lending and deposit activity across the banking system. Credit expansion and deposit inflows are moving in parallel, affecting overall liquidity conditions. Future developments will depend on credit demand, deposit behaviour, and broader economic conditions.

The Future Forbes Realty Global Properties

Athens And Nicosia Still Offer Some Of Europe’s Most Affordable Apartments, Despite Rising Prices

by THEFUTURE.TEAM

July 13, 2026

Housing costs in Nicosia remain well below those in most western European capitals, according to new data from Global Property Guide, highlighting the wide gap in residential property prices across Europe.

Nicosia And Athens Remain Among Europe’s More Affordable Capitals

The latest figures from Global Property Guide, which tracks residential property markets across 88 countries, show that both Nicosia and Athens remain among Europe’s more affordable capital cities, despite years of steady price growth.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

In Cyprus, the median asking price for a one-bedroom apartment in Nicosia stands at €145,000. Two-bedroom apartments are priced at €205,000, while three-bedroom homes reach €280,000.

That places Nicosia slightly above Athens in the one-bedroom category, where the Greek capital records a median asking price of €135,000. For two-bedroom and three-bedroom apartments, however, prices are identical in both cities at €205,000 and €280,000, respectively.

Western Europe Commands A Premium

Athens also remains relatively affordable by European standards. Median asking prices for one-bedroom apartments reach €174,000 in Warsaw, €240,000 in Madrid, €310,000 in Milan and €325,000 in Berlin.

The gap is even more pronounced in Western Europe, where one-bedroom apartments cost around €440,000 in both Paris and Lisbon, more than three times the price seen in Athens.

The difference becomes even greater for larger homes. A three-bedroom apartment carries a median asking price of €280,000 in both Athens and Nicosia, compared with €685,000 in Lisbon, €690,000 in Milan, €845,000 in Berlin and €1.08 million in Paris.

For two-bedroom apartments, the contrast is equally striking. While homes are priced at €205,000 in Athens and Nicosia, equivalent properties cost €380,000 in Madrid, €455,000 in Milan, €527,000 in Berlin, €620,000 in Lisbon and €695,000 in Paris.

Europe’s Most Expensive Property Markets

Global Property Guide’s data also highlights the wide variation in residential property prices across Europe.

Zurich is the continent’s most expensive market for a one-bedroom apartment, with a median asking price of €1.151 million. It is followed by Luxembourg (€669,000), Copenhagen (€601,000), Munich (€548,000) and London (€522,000), while Paris and Lisbon are both priced at around €440,000.

The Most Affordable Cities

At the other end of the market, the lowest asking prices are concentrated in south-eastern and eastern Europe. Median asking prices for a one-bedroom apartment stand at €125,000 in Riga, €118,000 in Podgorica, €110,000 in Bucharest, €103,000 in Sarajevo and €79,000 in Chisinau.

According to the report, Skopje is Europe’s most affordable capital for one-bedroom apartments, with a median asking price of just €55,000.

Breaking news