National Bank of Cyprus strengthens positions: Lending and profit growth supports the economy
National Bank of Cyprus (Ethniki) has demonstrated robust financial results, confirming the effectiveness of its chosen development strategy. The key growth driver was new lending, which reached 1.3 billion euros in 2025, strengthening the bank's role in financing business and investment. The institution's total assets grew to 2.7 billion euros, showing a significant 128% increase year-on-year.
Profitability indicators also showed positive dynamics: operating profit amounted to 23.6 million euros, an increase of 39%. At the same time, the bank improved its expense management efficiency, reducing the cost-to-income ratio to 47.6%. High asset quality and financial base stability are confirmed by a low non-performing loan ratio of 0.7% and a strong CET1 capital adequacy ratio of 19.7%.
Author
Born in the city of shipbuilders, Mykolaiv (Ukraine). Currently living in Moscow. Diplomat in reserve. More than 10 years of experience in the Mediterranean region (Greece, Cyprus). Until 2015, First Secretary of the Russian Embassy in Cyprus. Fluent in Greek and English. Completed civil service in…
You may also be interested in:
- Cyprus among EU countries with one of the longest working weeks — 37.7 hours
- Petrolina holds annual blood donation drive
- Scammers stole nearly 25,000 euros through a fake call about an account “hack”
- Cyprus police uncover weapons supply route: new findings linked to Engomi cache
- Famagusta launches major campaign to save the tourist season
