The non-performing loan (NPL) ratio of the banking sector remained at 5.9% at the end of May 2025 compared to April 2025, according to the Central Bank of Cyprus’ updated aggregate banking sector data on non-performing loans.
As stated, the coverage ratio of NPLs with provisions increased to 61.0% at the end of May 2025 compared with 60.7% at the end of April 2025.
It is added that total restructured loans at the end of May 2025 amounted to €1.3b of which loans of €0.7b continue to be classified as NPLs.
(Source: CNA)