The Central Bank of Cyprus (CBC) has announced an increase in the countercyclical capital buffer (CCyB) requirement for licenced credit institutions from 1 per cent to 1.5 per cent .
The change, aimed at addressing heightened cyclical systemic risks , will take effect on January 14, 2026 .
In its statement, the CBC explained that the current buffer level of 1 per cent was deemed insufficient , prompting the adjustment.
