Deposit rates in Cyprus among EU’s lowest

Interest rates connected outstanding deposits successful Cyprus stand astatine the little level within the eurozone, while the involvement complaint level connected caller loans successful Cyprus is comparable to the bloc’s median. That’s according to the Central Bank of Cyprus, which connected Thursday released statistics connected the mean involvement rates applied by fiscal institutions successful Cyprus connected deposits and loans of euro country residents for March.

According to the CBC, this mightiness beryllium attributed to the excess liquidity of recognition institutions successful Cyprus, which is among the higher ones within the eurozone. Indicatively, the Liquidity Coverage Ratio (LCR) successful Cyprus successful March stood astatine 315%, compared with 186% (median) and 163% (mean) successful the European Union successful December 2025 (the latest available data), arsenic well arsenic to the abbreviated scope of the banking assemblage successful Cyprus.

The involvement complaint connected deposits from households with an agreed maturity of up to 1 year recorded a marginal alteration to 1.18%, compared with 1.19% successful the erstwhile month.

The corresponding involvement complaint connected deposits from non-financial corporations registered an summation to 1.39%, compared with 1.19% successful the erstwhile month.