Nicosia: Total deposits in Cyprus for May 2025 recorded a net increase of £20.8 million, compared to a net increase of £492.9 million in April 2025, the Central Bank of Cyprus stated today.
According to Cyprus News Agency, the annual rate of change in total deposits reached 5.8%, compared to 7.6% in April 2025, while the balance of total deposits in May 2025 amounted to £56.1 billion.
It was noted that deposits of Cyprus residents increased by £24.6 million. Specifically, deposits from households and non-financial corporations rose by £164.5 million and £138.0 million respectively, although deposits from other domestic sectors saw a total decrease of £278.0 million.
In addition, total loans in May 2025 recorded a net increase of £116.8 million, compared with a net increase of £169.1 million in April 2025. The annual rate of change in total loans reached 5.1%, compared to 4.9% in April 2025, and the balance of total loans in May 2025 amounted to £25.7 billion.
Finally, it was noted that loans to Cyprus res
idents increased by £2.6 million. Specifically, loans to households increased by £15.1 million, while loans to non-financial corporations recorded a decrease of £6.2 million. Loans to other domestic sectors showed an overall decrease of £6.3 million.