Nicosia, Cyprus. The Bank of Cyprus (BoC) on Wednesday released its financial results for 2025, reporting a profit after tax of €481 million and increased lending activity.
Financial results and lending
The bank reported record new lending of €3 billion in 2025, an increase of 23 per cent year-on-year.
Bank of Cyprus CEO Panicos Nicolaou said, “2025 was another strong year for Bank of Cyprus, demonstrated by our financial and operational performance.” He added, “Our performance was further supported by cost efficiency, robust liquidity and healthy asset quality.”
Loans and deposits
According to the financial results, gross performing loans reached €10.9 bn, up 8 per cent year-on-year.
The bank’s predominantly retail deposit base rose to €22.2 bn, also up 8 per cent year-on-year.
What do you think the reported growth in lending, loans and deposits indicates about Bank of Cyprus’ activity in 2025?