Increase in Non-Performing Loans in Cyprus
February 17, 2026
In Cyprus, non-performing loans have increased beyond €25 billion, despite efforts to address the issue. Credit acquisition companies hold most of these loans, with 87% being non-performing. The government is concerned about the burden of interest, while banks have made adjustments and sold off loans. Data suggests that banks are less vulnerable compared to 2013. Political parties are looking for ways to change the legal framework ahead of the elections.