{"id":120020,"date":"2025-11-01T14:32:15","date_gmt":"2025-11-01T12:32:15","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=120020"},"modified":"2025-11-01T14:32:15","modified_gmt":"2025-11-01T12:32:15","slug":"surge-in-september-lending-business-credit-drives-e770-million-boost-as-cyprus-rates-stabilise","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/ru\/surge-in-september-lending-business-credit-drives-e770-million-boost-as-cyprus-rates-stabilise\/","title":{"rendered":"Surge in September Lending: Business Credit Drives \u20ac770 Million Boost as Cyprus Rates Stabilise"},"content":{"rendered":"<p>Cyprus&#8217;s banking sector experienced a significant acceleration in new loan activity in September 2025, primarily fueled by a massive increase in credit to non-financial corporations. Data from the Central Bank of Cyprus (CBC) also indicated a broad stabilization of interest rates across various loan and deposit categories.<\/p>\n<h2>New Lending Volume Jumps<\/h2>\n<p>The total value of new loans disbursed by Monetary Financial Institutions (MFIs) saw a substantial rise in September.<\/p>\n<ul>\n<li>Total New Loans: The aggregate volume reached \u20ac770.5 million, a sharp increase from the \u20ac420.4 million recorded in August 2025.<\/li>\n<li>Pure New Loans: Lending that excludes renewals and renegotiations (&#8220;pure new loans&#8221;) more than doubled, climbing to \u20ac447.9 million from \u20ac245.5 million in the preceding month.<\/li>\n<\/ul>\n<p>This notable growth signals a strengthening demand for credit, particularly within the corporate sector.<\/p>\n<h2>Business Loans Dominate the Surge<\/h2>\n<p>Non-financial corporations were the main recipients of the new credit, accounting for the largest portion of the new lending.<\/p>\n<ul>\n<li>New loans to corporations totaled \u20ac492.5 million.<\/li>\n<li>Within this segment, large loans (over \u20ac1 million) made up \u20ac246.7 million of the pure new loan volume, with smaller loans (up to \u20ac1 million) adding \u20ac62.7 million.<\/li>\n<\/ul>\n<p>Housing loans also contributed positively to the overall increase, with pure new housing loans rising to \u20ac112.9 million (from a total of \u20ac165.4 million) in September, up from \u20ac96.3 million (total \u20ac144.1 million) in August. Pure new consumer credit showed a minor growth, reaching \u20ac21.2 million (total \u20ac22.6 million).<\/p>\n<h2>Interest Rates Hold Steady<\/h2>\n<p>The CBC figures indicated that lending and deposit interest rates maintained a general level of stability in September, with minor fluctuations observed across different products.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Loan Category<\/strong><\/td>\n<td><strong>September 2025 Rate<\/strong><\/td>\n<td><strong>Change from August 2025<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>Housing Loans<\/b><\/td>\n<td>3.63%<\/td>\n<td>Eased (from 3.91%)<\/td>\n<\/tr>\n<tr>\n<td><b>Consumer Credit<\/b><\/td>\n<td>6.46%<\/td>\n<td>Lowered (from 7.09%)<\/td>\n<\/tr>\n<tr>\n<td><b>Corporate Loans (&gt;\u20ac1M)<\/b><\/td>\n<td>3.79%<\/td>\n<td>Stable (down slightly from 4.30%)<\/td>\n<\/tr>\n<tr>\n<td><b>Corporate Loans (&lt;\u20ac1M)<\/b><\/td>\n<td>4.32%<\/td>\n<td>Increased (from 4.19%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Deposit rates saw a marginal increase:<\/p>\n<ul>\n<li>Household deposits (up to one year maturity) rose from 1.08% to 1.10%.<\/li>\n<li>Non-financial corporate deposits increased slightly from 1.15% to 1.24%.<\/li>\n<\/ul>\n<h2>Cyprus vs. Euro Area Interest Rate Snapshot<\/h2>\n<p>A comparison of average interest rates reveals that Cyprus&#8217;s loan rates are closely aligned with the median for the Euro Area, while deposit rates remain significantly lower.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>Category<\/strong><\/td>\n<td><strong>Cyprus Average Rate<\/strong><\/td>\n<td><strong>Euro Area Median Rate<\/strong><\/td>\n<td><strong>Differential<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>Household Loans<\/b><\/td>\n<td>3.93%<\/td>\n<td>3.91%<\/td>\n<td>Near Parity<\/td>\n<\/tr>\n<tr>\n<td><b>Corporate Loans<\/b><\/td>\n<td>4.22%<\/td>\n<td>3.80%<\/td>\n<td>Higher in Cyprus<\/td>\n<\/tr>\n<tr>\n<td><b>Household Deposits<\/b><\/td>\n<td>0.78%<\/td>\n<td>1.74%<\/td>\n<td>Significantly Lower<\/td>\n<\/tr>\n<tr>\n<td><b>Corporate Deposits<\/b><\/td>\n<td>1.08%<\/td>\n<td>1.94%<\/td>\n<td>Significantly Lower<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><i>Source: Stockwatch.com.cy<\/i><\/p>","protected":false},"excerpt":{"rendered":"<p>Cyprus&#8217;s banking sector experienced a significant acceleration in new loan activity in September 2025, primarily fueled by a massive increase in credit to non-financial corporations. Data from the Central Bank of Cyprus (CBC) also indicated a broad stabilization of interest rates across various loan and deposit categories. New Lending Volume Jumps The total value of [&hellip;]<\/p>","protected":false},"author":9,"featured_media":120021,"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\/120020"}],"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=120020"}],"version-history":[{"count":2,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/120020\/revisions"}],"predecessor-version":[{"id":120023,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/120020\/revisions\/120023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/120021"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=120020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=120020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=120020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}