deposits

Economy

Cyprus deposits hit record high as loans grow at twice the economic rate

Cyprus bank deposits reached a record high in March 2026, rising by €426.8 million on the month to a...
Economy

Cyprus sees surge in bank deposits as economic outlook improves

Funds are flowing into Cypriot banks at a significant rate, with deposits increasing by nearly half a billion euros...
Economy

European consumers boost savings despite inflation

European households are increasingly turning to bank deposits amid subdued consumer spending due to inflation, with Cyprus following a...
Economy

Bank deposits hit record high despite low interest rates

Cyprus's bank deposits have reached unprecedented levels despite low interest rates and widespread concerns about cost of living pressures,...
Economy

European Commission projects growth in Cyprus savings rate

Cypriot households are expected to increase their savings rate to 12.2 per cent of disposable income by 2026, up...
Economy

Cyprus banks urged to lower interest rates by government and Central Bank

The government and the Central Bank urged banks to reduce lending rates, citing concerns about affordability for businesses and...
Economy

March sees rise in household savings

Return to increased deposits from households was recorded this March, evidently because some privileged Cypriot households are returning to...
Economy

Deposit interest rates see rise

The interest rate for one-year time deposits by households increased to 2.29% in December 2023, while in the same...
Economy

Bank deposits see increase

In December, total deposits in the banking system showed a net monthly increase of €346 million, reaching €52.2 billion. At...
World

Five major Chinese banks cut interest rates on some deposits

Five of China's largest state banks lowered interest rates on some deposits on Friday, the third round of such...
Local

Household deposits see decline in October

Household deposits decreased by €50.8 million in October compared to the previous month, while corporate deposits increased by €126.9...
Economy

Interest rates for deposits, loans rise in Cyprus

Interest rates in September revealed a mixed trajectory for deposits and loans, as reported by the Central Bank. Household term...
Economy

Bank deposits in Cyprus on the rise, but not from households

The total value of deposits in Cyprus witnessed a substantial increase of €87.7 million in September 2023 but it...

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