The highest interest rate on household loans for house purchases (new business) rose to 3.41% in January 2026, up from 3.25% in December, while the lowest rate increased to 2.50%, from 2.39% the previous month, according to data published by the Central Bank of Cyprus (CBC).
Specifically, based on the CBC’s monthly interest rate statistics for deposits and loans by credit institution, with January 2026 as the reference month, the highest interest rate on housing loans to euro area resident households, denominated in euro, irrespective of the initial rate fixation period (new business – new contracts) was recorded by the Housing Finance Corporation at 3.41%.
This was followed by Bank of Cyprus at 3.23% and Ancoria Bank at 3.10%, while the lowest rate was offered by Alpha Bank Cyprus at 2.86%.
The average interest rate across all banks stood at 3.04% in January, compared with 3.39% in the euro area.
Meanwhile, the highest interest rate on loans to non-financial corporations exceeding €1 million, for euro area residents and denominated in euro, regardless of the initial rate fixation period (new business – new contracts), was offered by Bank of Cyprus at 4.72%, followed by Alpha Bank Cyprus at 3.82%, while the lowest rate was offered by Ancoria Bank at 3.42%.
(Source: CNA)
