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Cyprus Sees Robust Growth in Deposits and Loans in September 2025

Strong Financial Trends Across the Board

The Central Bank of Cyprus reported significant financial gains for September 2025, with both deposits and loans registering substantial increases. According to the monthly edition of “Monetary and Financial Statistics,” total deposits surged by €670.2 million compared to a modest €44.3 million in August. This upbeat performance pushed the overall deposit base to €57.2 billion, reflecting a year-on-year growth rate of 6.3%—up slightly from 6% the previous month.

Deposits Driven by Non-Financial Sectors

The lift in deposits was primarily buoyed by residents in Cyprus, whose contributions climbed by €456.6 million. A closer examination reveals that non-financial companies played a pivotal role with a €397.2 million increase, while households experienced a minor contraction of €32.5 million. Additional domestic sectors recorded an uptick of €91.9 million, underscoring the diversified nature of the deposit growth.

Loan Portfolio Rebounds With Healthy Annual Gains

The data also highlighted a reversal in the previous month’s downturn in the loan market. Total loans expanded by €269 million, counterbalancing the €60.8 million decline seen in August, and bringing the total loan value to €26.6 billion. The annual increase in loans reached 7.9%, up from 7.2% in August. For residents, the loan component increased by €101.7 million, with households accounting for €13 million, non-financial companies contributing €84.1 million, and other domestic sectors adding €4.6 million.

Conclusion: A Positive Upswing in Cyprus’ Financial Landscape

This remarkable growth in both deposits and loans signals a resilient financial environment in Cyprus. With non-financial sectors driving much of this progress and a robust rebound in the lending market, the economic outlook appears positive as Cyprus continues to navigate a dynamic financial landscape.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

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Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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