Decrease in Loan Delays in Cyprus
February 11, 2026
Delays in loan payments exceeding three months are decreasing in Cyprus, with the non-performing loan rate remaining steady at 2.1%. The decline in delayed loans indicates improvement, but issues persist. After three months of delay, borrowers face additional costs and higher interest rates. Banks, on their part, are required to classify these loans as non-performing, increasing their liabilities. Cyprus needs to implement targeted policies to further reduce these loans.