Banks in Cyprus recorded a net decrease of €66.3 million in deposits and a significant increase of €429.9 million in loans during March 2025, according to a report by the Central Bank of Cyprus (CBC) .
The CBC also reported that the annual rate of credit expansion rose to 3.1 per cent.
Total deposits showed a net decline of €66.3 million , reversing the net increase of €498.3 million recorded
