National Bank of Greece Cyprus has delivered year of robust growth in 2025, underpinning its strategic direction and reinforcing its role as a key lender supporting both the local and international economy, they announced on Wednesday, adding that new lending volumes for the year reached €1.3 billion, acting as the main driver of the bank’s expansion and strengthening its position as a financing partner for businesses and investment projects in Cyprus and abroad. Total assets stood at €2.7 billion, reflecting a 128% year‑on‑year increase.
Operating profit rose to €23.6 million in 2025, up 39% compared with the previous year, reflecting disciplined execution of strategy and improved efficiency. The cost‑to‑income ratio improved to 47.6%, down by one percentage point, underscoring prudent cost management. The bank maintains a strong capital base, with a Common Equity Tier 1 (CET1) ratio of 19.7%, and high‑quality assets, as the non‑performing exposures (NPE) ratio stands at 0.7%, down by 110 basis points year‑on‑year.
George Agioutantis, CEO of National Bank of Greece Cyprus, said: “Our 2025 results confirm that our strategy is delivering tangible results. The €1.3 billion of new lending reflects our role as a reliable financier for both the local and international markets. We are further strengthening our presence in Cyprus, aiming to become the bank of first choice for Cypriot entrepreneurs, while leveraging our position as an International Hub within the Group to expand cross‑border transaction activity and structured solutions for internationally active companies.”
Paola Ioannou Michaellou, the bank’s CFO, added: “The profitability we have achieved, together with better efficiency ratios, reflects our systematic approach to cost control and operational discipline. We maintain a sound and resilient balance sheet, with high capital adequacy that supports safe and sustainable growth, and we remain focused on creating long‑term value through prudent financial management.”
