Almost €1.34 billion in loan instalments suspended by June 19

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Suspended credit facilities at the request of borrowers on June 19 amounted to €1.34 billion increased from €1.31 billion  on June 5, according to data released Thursday by the Central Bank of Cyprus (CBC).Under the emergency measures announced by Government to control the spread of COVID-19 in Cyprus, borrowers could apply for suspension of instalments and interest on their credit facilities. Gross carrying amount of the suspended loans amounted to € 11.75 billion on June 19, from €11.44 billion on June …

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