{"id":123091,"date":"2026-03-27T17:00:20","date_gmt":"2026-03-27T15:00:20","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=123091"},"modified":"2026-03-27T17:00:20","modified_gmt":"2026-03-27T15:00:20","slug":"lending-spikes-by-12-3-as-savings-rebound-in-february","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/he\/lending-spikes-by-12-3-as-savings-rebound-in-february\/","title":{"rendered":"Lending Spikes by 12.3% as Savings Rebound in February"},"content":{"rendered":"<p data-path-to-node=\"1\">The Cypriot banking sector witnessed a significant expansion in February 2026, characterized by a double-digit surge in borrowing and a healthy recovery in deposit levels. According to the latest monetary report released by the Central Bank of Cyprus (CBC) on Thursday, total loans jumped by 12.3% annually, while deposits maintained a steady growth rate of 4.7%.<\/p>\n<p data-path-to-node=\"2\">The data suggests a robust appetite for credit among both families and businesses, signaling continued confidence in the island&#8217;s economic trajectory.<\/p>\n<h2 data-path-to-node=\"4\"><b data-path-to-node=\"4\" data-index-in-node=\"0\">The Loan Boom: A \u20ac27.3 Billion Portfolio<\/b><\/h2>\n<p data-path-to-node=\"5\">Borrowing activity accelerated sharply in February, with the annual growth rate climbing to 12.3%\u2014up from 11.2% in the previous month. Total outstanding credit across the system has now reached \u20ac27.3 billion.<\/p>\n<p data-path-to-node=\"6\"><b data-path-to-node=\"6\" data-index-in-node=\"0\">A Closer Look at the New Credit:<\/b><\/p>\n<ul data-path-to-node=\"7\">\n<li>\n<p data-path-to-node=\"7,0,0\"><b data-path-to-node=\"7,0,0\" data-index-in-node=\"0\">Net Monthly Increase:<\/b> The system saw a net injection of \u20ac326.2 million in new loans during February alone.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"7,1,0\"><b data-path-to-node=\"7,1,0\" data-index-in-node=\"0\">Corporate Demand:<\/b> Non-financial corporations led the charge with a \u20ac60.7 million increase in their debt portfolios.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"7,2,0\"><b data-path-to-node=\"7,2,0\" data-index-in-node=\"0\">Household Borrowing:<\/b> Resident families added \u20ac54.9 million in new loans, likely driven by the ongoing demand in the housing and consumer sectors.<\/p>\n<\/li>\n<\/ul>\n<h2 data-path-to-node=\"9\"><b data-path-to-node=\"9\" data-index-in-node=\"0\">Savings Rebound: Deposits Hit \u20ac57.2 Billion<\/b><\/h2>\n<p data-path-to-node=\"10\">After a sharp decline in January, the island\u2019s savings landscape stabilized significantly in February. The banking system recorded a net increase of \u20ac202.2 million in deposits, contrasting sharply with the \u20ac851.2 million withdrawal seen at the start of the year.<\/p>\n<p data-path-to-node=\"11\"><b data-path-to-node=\"11\" data-index-in-node=\"0\">Who is saving?<\/b><\/p>\n<ul data-path-to-node=\"12\">\n<li>\n<p data-path-to-node=\"12,0,0\"><b data-path-to-node=\"12,0,0\" data-index-in-node=\"0\">Local Residents:<\/b> Total deposits from Cyprus residents rose by \u20ac250 million.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,1,0\"><b data-path-to-node=\"12,1,0\" data-index-in-node=\"0\">Families:<\/b> Households were the primary savers, contributing \u20ac104.1 million to the monthly increase.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,2,0\"><b data-path-to-node=\"12,2,0\" data-index-in-node=\"0\">Corporate Shifts:<\/b> In contrast, non-financial corporations reduced their cash holdings by \u20ac32.2 million, likely reallocating those funds toward investments or loan repayments.<\/p>\n<\/li>\n<\/ul>\n<h2 data-path-to-node=\"14\"><b data-path-to-node=\"14\" data-index-in-node=\"0\">Liquidity and Stability<\/b><\/h2>\n<p data-path-to-node=\"15\">With total deposits (\u20ac57.2 billion) still more than double the amount of outstanding loans (\u20ac27.3 billion), the Cypriot banking system remains highly liquid. The 4.7% annual growth in deposits indicates that despite inflationary pressures, residents are still finding ways to bolster their &#8220;rainy day&#8221; funds.<\/p>\n<p data-path-to-node=\"16\">The Central Bank\u2019s figures highlight a banking environment that is successfully balancing the needs of a credit-hungry market with a stable and growing deposit base, providing a solid foundation for the remainder of the 2026 fiscal year.<\/p>\n<p data-path-to-node=\"17,0\"><em>Source: Stockwatch.com.cy<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Cypriot banking sector witnessed a significant expansion in February 2026, characterized by a double-digit surge in borrowing and a healthy recovery in deposit levels. According to the latest monetary report released by the Central Bank of Cyprus (CBC) on Thursday, total loans jumped by 12.3% annually, while deposits maintained a steady growth rate of [&hellip;]<\/p>","protected":false},"author":9,"featured_media":123094,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/123091"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=123091"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/123091\/revisions"}],"predecessor-version":[{"id":123095,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/123091\/revisions\/123095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/123094"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=123091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=123091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=123091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}