Non-performing loans as a share of bank loans reached 6.11% in 2023 in Cyprus, according to the National Central Bank. This is 20.2% less than in the previous year.
Historically, non-performing loans as a share of bank loans in Cyprus reached an all time high of 47.7% in 2015 and an all time low of 3.59% in 2008.
Cyprus has been ranked 14th within the group of 59 countries we follow in terms of non-performing loans as a share of bank loans.
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