Nicosia: The Central Bank of Cyprus (CBC) maintained the countercyclical buffer rate for banks at 1.5%.
According to Cyprus News Agency, in a statement, the CBC said that, in accordance with the provisions of the Macroprudential Oversight of Institutions Laws of 2015 to 2022, it deemed appropriate to maintain the countercyclical buffer rate at 1.5%, effective as from 14 January 2026.