The National Bank in Cyprus records, for another year, a strong development course, confirming the consistent implementation of its strategy and its active role in supporting the economy, as emphasized in a relevant announcement.
Strong growth driven by new lending
New lending, based on its financial results for the year 2025, amounted to €1.3 billion, constituting the Bank’s main driver of growth and strengthening its active role in financing businesses and investments, both locally and internationally. Total assets stood at €2.7 billion, an increase of 128% year-on-year.
Profitability and efficiency improvement
Operating profit reached €23.6 million, up 39% year-on-year, reflecting consistent execution of strategy and improved operational efficiency. The cost-to-income ratio stood at 47.6%, improved by 1 percentage point, ensuring prudent expenditure management.
Strong financial position
The Bank maintains a strong capital position, with the Common Equity Tier 1 (CET1) ratio standing at 19.7%, while asset quality remains at very high levels, as the non-performing loans (NPE) ratio stands at 0.7%, down 110 basis points year-on-year.
From strategy to performance
The results clearly show the connection between the Bank’s strategic priorities and their effective implementation. A focus on growth, efficiency and maintaining a healthy balance sheet translates into high performance and lays the groundwork for continuity. With an emphasis on the continuous improvement of efficiency, the upgrading of the customer experience and the utilization of digital innovation, the Bank continues to invest in a modern operating model that responds to the evolving needs of the market and sustainably supports its development course.
Development with a substantial impact on the economy
“Our results confirm that the strategy we set is working in practice. The new borrowing in 2025, amounting to €1.3 billion, reflects our role as a reliable financier of the local and international market. This performance reinforces the Bank’s strategic direction for further development in the Cypriot market, with the aim of consolidating it as the Bank of first choice for Cypriot entrepreneurs. Taking advantage of our position as the International Hub of the Group, we strengthen our activity in cross-border transactions, offering specialized and structured solutions to companies with an international presence. We are moving forward with consistency and commitment to the goals we have set”, says CEO Giorgos Ayutantis in a statement.
Significant results with prudent cost management
“The profitability achieved and the improvement in efficiency ratios reflect our systematic approach to cost management and operational discipline. We maintain a healthy and resilient balance sheet, with high capital adequacy that allows us to support growth safely and consistently. We remain committed to creating value through stable results and prudent financial management”, points out the CFO, Paola Ioannou Michalia.