Nicosia: Net new loans in Cyprus experienced a significant increase in June 2025, reaching £642.8 million from £297.8 million in May, according to data published on Thursday by the Central Bank of Cyprus. The total value of new loans, including renegotiated contracts, rose to £959.5 million, compared to £714.4 million the previous month.
According to Cyprus News Agency, the strongest boost came from loans to non-financial corporations for amounts exceeding £1 million, which surged to £420.6 million from just £82.6 million in May.
More specifically, net new consumer loans showed a slight decline, reaching £23.2 million from £23.5 million the previous month. Housing loans increased to £131.4 million, up from £123.9 million in May. Loans to non-financial corporations for amounts up to £1 million saw a modest rise to £61.9 million from £59.8 million, while large corporate loans over £1 million rose to £420.6 million from just £82.6 million.