The Cypriot banking sector experienced a decline in profitability, an increase in total assets, and a further strengthening of capital adequacy, according to a report from the Central Bank of Cyprus (CBC).
Specifically, the CBC reported on Wednesday that the sector’s profitability fell by €82 million in the first quarter of 2025, dropping from €346 million in March 2024 to €264 million in March 2025.
“This decrease is mainly attributed
