Cyprus domestic banks’ non-performing loan ratio holds at 1.6% in March 2026

Nicosia, Cyprus. The non-performing loan ratio in Cyprus’ domestic banking sector remained unchanged at 1.6 per cent in March 2026 compared with December 2025, according to official data from the Central Bank of Cyprus. Total non-performing loans stood at €835 million at the end of March against a total loan portfolio of €51.3 billion.

Loan portfolio and ratios

The total volume of non-performing loans in December 2025 was also €835 million, measured against a larger total loan portfolio of €52.1 billion.

The data showed that the non-performing loan ratio for households rose to 4.4 per cent. For non-financial corporations, the ratio reached 2.4 per cent, while small and medium-sized enterprises recorded a ratio of 3.6 per cent.

Coverage and restructured loans

The coverage ratio for non-performing loans, which reflects the level of provisions for bad debts, increased to 62.7 per cent in March 2026 from 62.3 per cent in December 2025.

Total restructured loans amounted to €777 million at the end of March 2026. Of that amount, €320 million in restructured loans remained classified as non-performing.