Banks in Cyprus have foreclosed on and seized the homes of thousands of citizens.

Omissions

• The sources do not provide an exact numerical count of foreclosed homes, using the qualitative term 'thousands' rather than a precise statistic from official sources such as the Central Bank of Cyprus.
• The crisis involves Credit Acquiring Companies (CACs) managing problematic loans, not just traditional banks.
• The publication dates of the sources found (February and April 2026) are very close to the session date (April 28, 2026), indicating this is a recent and ongoing issue.

Sources

• SecondaryCyprus MailThousands losing their home through pogrom of foreclosures; CACs started with €16 billion in problematic loans, now risen to €18.5 billion
• SecondaryParikiakiThousands of ordinary citizens have already been evicted from their homes or lost their business premises