Nicosia, Cyprus. The Central Bank of Cyprus said the non-performing loans ratio in the Cypriot banking sector remained unchanged at 1.6% as of Jan. 31, 2026. The ratio was the same as at the end of December 2025.
Non-performing loans and methodology
The central bank said the figure was calculated using the methodology applied in the European Banking Authority risk dashboard, which includes loans and advances to central banks and credit institutions.
Coverage ratio
The coverage ratio of non-performing loans declined slightly to 62.2% at the end of January 2026, compared with 62.3% at the end of December 2025.
Restructured loans
The total balance of restructured loans stood at €0.8 billion at the end of January 2026, of which €0.3 billion continued to be classified as non-performing exposures.
What do you think the unchanged non-performing loans ratio indicates about conditions in Cyprus’ banking sector?
