Risk premium on lending reached 3.15 % in 2007 in Cyprus, according to the National Central Bank. This is 23.7 % less than in the previous year.
Historically, risk premium on lending in Cyprus reached an all time high of 4.13 % in 2006 and an all time low of 1.52 % in 2001. When compared to Cyprus's main peers, risk premium on lending in Egypt amounted to 4.97 %, 3.25 % in Greece and 2.52 % in Israel in 2007.
Cyprus has been ranked 56th within the group of 81 countries we follow in terms of risk premium on lending, 3 places behind the position seen 10 years ago.