
Cyprus has overtaken the EU average in online banking, with 85.1 per cent of internet users managing their finances online in 2024, according to Eurostat’s Digitalisation in Europe 2025 report .
The share rose from 77.7 per cent in 2023 and 71.4 per cent in 2022, reflecting a sharp increase in adoption.
Across the EU, 72.4 per cent of internet users used online banking in 2024, up from 56 per