Cyprus Mail5 Aug 2026

Cyprus savers continue to lag behind eurozone deposit returns

Cyprus savers continue to lag behind eurozone deposit returns

Cyprus banks continued to offer deposit rates well below the eurozone average in June 2026, while significant differences in both savings and lending rates persisted across individual lenders, according to a report published by the Central Bank of Cyprus (CBC) on Wednesday.

The figures showed that differences between credit institutions reached as much as two percentage points in certain lending categories, highlighting the varying pricing strategies adopted by banks operating on the island....

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Cyprus savers continue to lag behind eurozone deposit returns · XploreCyprus