Cyprus Business Now: EIB loans, remote work, Cyta, banking sector, India visit

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025.

According to the CBC, the non-performing loans ratio of the Cypriot banking sector fell to 5.6 per cent at the end of June 2025 from 6.1 per cent in March 2025.

The decline was mainly due to currency fluctuations, repayments,