Nicosia: As of the end of November 2025, the Non-Performing Loans (NPL) ratio of the banking sector, excluding loans and advances to Central Banks and Credit Institutions declined to 4%, compared with 4.2% at the end of October 2025, according to data published on Tuesday by the Central Bank of Cyprus.
According to Cyprus News Agency, the NPL ratio, based on the European Banking Authority's (EBA) Risk Dashboard methodology, which includes loans and advances to Central Banks and Credit Institutions, remained unchanged from October 2025, standing at 2.1% at the end of November 2025.
Specifically, NPLs amounted to £1.06 billion out of a total of £51.59 billion. In addition, a further £1.06 billion had been restructured, of which £541 million continue to be classified as NPLs.
The coverage ratio of NPLs with provisions decreased to 70.4% at the end of November 2025, compared with 70.7% at the end of October 2025.
The NPL ratio for households stood at 4.7% and for non-financial corporations at 4%. However, for small and medium-sized enterprises, the ratio rose to 6.1%.