Monthly Update on Deposit and Loan Interest Rates in Cyprus
March 11, 2025
The Central Bank publishes monthly data on deposit and loan interest rates to aid consumer awareness. The figures show an increase in the convergence of Cyprus's interest rates with those of the Eurozone. Although this publication does not directly solve the issues for depositors and borrowers, it provides useful information for comparing bank offers. This transparency may encourage banks to offer better terms to their customers.