News Cyprus Interest: Cyprus deposit rates remain among eurozone’s lowest
Cyprus continued to record some of the lowest deposit interest rates in the eurozone in March 2026, even as lending rates remained broadly aligned with euro area averages, according to figures released by the Central Bank of Cyprus (CBC). The CBC said the level of interest rates on outstanding loans…
News Cyprus Interest: Cyprus lending rates align with euro area, deposits stay lowest
The Central Bank of Cyprus (CBC) has published its latest bulletin titled “Cyprus Interest Rates in a European Context: Analysis and Comparison”, offering a comprehensive examination of Cypriot lending and deposit rates within the broader euro area framework.The bulletin is based on already published statistical data from both the European Central Bank (ECB) and the CBC.It aims to provide the public with a clearer understanding of banking...
News Cyprus Interest: Cyprus sees spike in housing loans as interest rates rise
New housing loans in Cyprus recorded a significant increase in May 2026, while the average interest rate on new housing purchase loans stood at 4.06 per cent, according to the latest data from the Central Bank of Cyprus (CBC) on interest rates and new lending.Specifically, total net new loans reached €361.90 million in May, up from €331.30 million in April, the CBC said.The strongest increase was recorded in housing loans, which rose to €145.50m...
News Cyprus Interest: Cyprus borrowers association decries low deposit rates
The Association for the Protection of Borrowers (Syprodat) this week said that Cypriot banks have persisted with low deposit rates despite the ECB recently hiking the interest rate by 0.5 per cent, a move which saw banks in other EU countries increase their own deposit rates. “Banks in Cyprus have…
News Cyprus Interest: Amid an economic crisis, there is little political interest among the TRNC
Turkish Cypriots were set to cast their ballots Sunday for a snap legislative election in the breakaway northern third of the Mediterranean island after a campaign dominated by an economic crisis. The ...
News Cyprus Interest: Cyprus energy: the need for electrical interconnection
We are all aware of the US State Department statement on 10 January finally abandoning the East-Med gas pipeline. Predictably, that attracted most of the attention, but a key part of the statement ...
