The Central Bank of Cyprus (CBC) has taken significant steps in the past two years to strengthen the financial resilience of the nation’s banking system.
These measures, detailed in its 2023 macroprudential policy report to parliament, aim to mitigate systemic risks and ensure stability in the financial sector.
In 2024, the CBC introduced updated capital requirements for Cypriot banks identified as Other Systemically Important Institutions (O-SIIs).
The adjustments are part
