Cyprus lending hits €4.85bn as low rates fuel borrowing surge

Net new lending in Cyprus reached €4.85 billion in 2025, the highest on record, as lower interest rates drove households and businesses back to borrowing after years of subdued credit activity. The figure represents a 26% annual increase from €3.85 billion in 2024, according to data released by the Central Bank of Cyprus, reflecting a broader trend of credit expansion following the gradual easing of monetary policy from mid-2024. Housing...