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Α further decrease of €381 million or 5.7% was recorded in aggregate NPLs compared with the end of June 2020. According to an announcement by the Central Bank of Cyprus, total loans decreased by €111 million or 0.4% from €30,103 million at end-June 2020 to €29,992 million at the end of September 2020. As a result, a fall in the ratio of NPLs to total loans was recorded from 22.3% at end-June 2020 to 21.1% at the end of September 2020. …
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