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Revealed: Remaining 'Red Loans' in Cyprus

Published February 22, 2026, 09:10
Revealed: Remaining 'Red Loans' in Cyprus

The Economy Today newspaper reveals details from a confidential document from the Central Bank of Cyprus regarding the amount of Non-Performing Loans (NPLs) in Cyprus, both within and outside the banking system. The document, dated October 2025, reveals that the total outstanding amount of loans during the transfer of portfolios outside bank balance sheets amounted to €24.23 billion. The publication of these figures comes after confusion and reports that arose in recent days, with the aim of repositioning the dialogue within a substantial framework. The document provides a detailed picture of the state of NPLs in Cyprus and can contribute to a better understanding of the challenges facing the banking sector.