Cyprus’ non-performing exposures (NPEs) increased by approximately €16 million in October 2024, reaching €1.61 billion, according to a report released by the Central Bank of Cyprus (CBC).
This CBC reported that this figure represents 6.6 per cent of total loans, up from 6.5 per cent in September.
The coverage ratio for NPEs, which reflects total accumulated provisions against outstanding non-performing loans, rose to 56.1 per cent (€993 million) from 55.7
