Cyprus non-performing loans fall to €830 million in April

Nicosia, Cyprus. Non-performing loans in Cyprus’ banking sector fell to €830 million at the end of April 2026 from €835 million in March, while their ratio to total lending remained unchanged at 1.6 per cent, according to Central Bank of Cyprus figures released on Thursday.

Total loans stood at €51.04 billion at the end of April, compared with €51.35 billion a month earlier.

Loan performance

Loans more than 90 days overdue declined slightly to €633 million from €634 million in March. Their share of total lending remained at 1.2 per cent.

Compared with the end of 2025, total non-performing loans fell by €9 million from €839 million.

Restructured loans and provisions

The value of restructured loans decreased to €752 million from €777 million in March and €824 million at the end of 2025. Of these loans, €319 million remained classified as non-performing.

Total accumulated provisions in the banking sector fell to €650 million from €659 million in the previous month. Of the total, €522 million related to non-performing loans.

Coverage ratio

The coverage ratio for non-performing loans improved to 62.9 per cent, from 62.7 per cent in March and 62.1 per cent at the end of 2025.