Bank of Cyprus reports €481 million profit after tax for 2025 and record €3 billion new lending

Nicosia, Cyprus. Bank of Cyprus (BoC) on Wednesday released its financial results for 2025, reporting a profit after tax of €481 million and increased lending activity. The bank said new lending reached a record €3 billion, up 23 per cent year-on-year.

Profit and quarterly performance

Bank of Cyprus reported profit after tax of €481 million for the full year, including €128 million generated in the fourth quarter of 2025.

Loan and deposit growth

According to the bank’s financial results, gross performing loans rose 8 per cent year-on-year to €10.9 billion. The bank’s predominantly retail deposit base increased 8 per cent year-on-year to €22.2 billion.

Management comments and lending drivers

“2025 was another strong year for Bank of Cyprus, demonstrated by our financial and operational performance,” said Bank of Cyprus CEO Panicos Nicolaou. He said performance was supported by cost efficiency, robust liquidity and healthy asset quality.

Nicolaou said the bank exceeded its target of around 4 per cent loan growth for 2025, citing healthy domestic credit activity and continued growth in its international loan book. He said the lending growth was driven mainly by corporate and international demand.

Which of the bank’s 2025 figures stands out most to you?