{"id":113115,"date":"2025-05-09T20:21:12","date_gmt":"2025-05-09T17:21:12","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=113115"},"modified":"2025-05-09T20:21:12","modified_gmt":"2025-05-09T17:21:12","slug":"lending-activity-in-cyprus-sees-major-surge-in-march-2025","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/ru\/lending-activity-in-cyprus-sees-major-surge-in-march-2025\/","title":{"rendered":"Lending Activity in Cyprus Sees Major Surge in March 2025"},"content":{"rendered":"<p class=\"\" data-start=\"257\" data-end=\"482\">March 2025 brought a major upswing in lending across Cyprus, with total pure new loans climbing to \u20ac658.2 million, a sharp increase from \u20ac246.1 million in February, according to figures released by the Central Bank of Cyprus.<\/p>\n<h3 class=\"\" data-start=\"484\" data-end=\"522\">Business Lending Drives the Growth<\/h3>\n<p class=\"\" data-start=\"524\" data-end=\"722\">The largest boost came from new loans issued to non-financial corporations for amounts exceeding \u20ac1 million. These soared to \u20ac483.1 million in March, compared to just \u20ac92 million the previous month.<\/p>\n<p class=\"\" data-start=\"724\" data-end=\"914\">Housing loans also increased, reaching \u20ac103.8 million from February\u2019s \u20ac92.8 million. Consumer credit saw a smaller but steady rise, moving from \u20ac19.3 million to \u20ac22.8 million month-on-month.<\/p>\n<p class=\"\" data-start=\"916\" data-end=\"1046\">Loans to businesses borrowing under \u20ac1 million also rose, albeit modestly, from \u20ac42 million in February to \u20ac48.5 million in March.<\/p>\n<h3 class=\"\" data-start=\"1048\" data-end=\"1087\">Total Lending Approaches \u20ac1 Billion<\/h3>\n<p class=\"\" data-start=\"1089\" data-end=\"1272\">When including both new loans and restructured agreements, total lending activity in March reached \u20ac964.2 million\u2014more than doubling February\u2019s total of \u20ac431.8 million. This included:<\/p>\n<ul data-start=\"1274\" data-end=\"1456\">\n<li class=\"\" data-start=\"1274\" data-end=\"1315\">\n<p class=\"\" data-start=\"1276\" data-end=\"1315\">\u20ac188.2 million in total housing loans<\/p>\n<\/li>\n<li class=\"\" data-start=\"1316\" data-end=\"1352\">\n<p class=\"\" data-start=\"1318\" data-end=\"1352\">\u20ac24.5 million in consumer credit<\/p>\n<\/li>\n<li class=\"\" data-start=\"1353\" data-end=\"1405\">\n<p class=\"\" data-start=\"1355\" data-end=\"1405\">\u20ac82.4 million in business loans under \u20ac1 million<\/p>\n<\/li>\n<li class=\"\" data-start=\"1406\" data-end=\"1456\">\n<p class=\"\" data-start=\"1408\" data-end=\"1456\">\u20ac661.9 million in business loans over \u20ac1 million<\/p>\n<\/li>\n<\/ul>\n<h3 class=\"\" data-start=\"1458\" data-end=\"1497\">Interest Rates Show Mixed Movements<\/h3>\n<p class=\"\" data-start=\"1499\" data-end=\"1841\">The interest rate on consumer loans rose to 7.40% in March, up from 7.11% in February. Rates on housing loans, however, remained unchanged at 4.56%. It&#8217;s worth noting that the average housing loan rate can fluctuate depending on the mix of loan types (such as primary residences versus vacation homes), even if individual rates stay the same.<\/p>\n<p class=\"\" data-start=\"1843\" data-end=\"2046\">For business loans, the rate for amounts under \u20ac1 million increased to 4.96%, up from 4.66%. In contrast, rates for larger corporate loans over \u20ac1 million dropped significantly to 3.87%, down from 4.48%.<\/p>\n<h3 class=\"\" data-start=\"2048\" data-end=\"2078\">Deposit Rates Also Decline<\/h3>\n<p class=\"\" data-start=\"2080\" data-end=\"2314\">Interest rates on deposits trended downward as well. Household time deposits with a term of up to one year fell to 1.41% from 1.51%. Meanwhile, the corresponding rate for non-financial corporations decreased to 1.31%, down from 1.54%.<\/p>\n<p class=\"\" data-start=\"164\" data-end=\"255\"><em data-start=\"228\" data-end=\"255\">Source: Stockwatch.com.cy<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>March 2025 brought a major upswing in lending across Cyprus, with total pure new loans climbing to \u20ac658.2 million, a sharp increase from \u20ac246.1 million in February, according to figures released by the Central Bank of Cyprus. Business Lending Drives the Growth The largest boost came from new loans issued to non-financial corporations for amounts [&hellip;]<\/p>","protected":false},"author":9,"featured_media":113116,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113115"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=113115"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113115\/revisions"}],"predecessor-version":[{"id":113117,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/113115\/revisions\/113117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/113116"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=113115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=113115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=113115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}