Deposits continue rising for fifth consecutive month, loans mark second monthly increase

deposits-continue-rising-for-fifth-consecutive-month,-loans-mark-second-monthly-increase
Advertisement

Deposits in the Cypriot banking system marked a net increase for the fifth consecutive month in July 2021 rising to €49.6 billion. Loans registered the second net monthly increase in July amounting to €29.7 billion with the liquidity in the system amounting to around €19 billion. According to data released by the Central Bank of Cyprus, total deposits in July 2021 recorded a net increase (excluding changes resulting from reclassifications, exchange rate and other adjustments) of €52.1 million, compared with a net …

Advertisement
Advertisement
Previous articleCyprus Stock Exchange
Next articleEconomic sentiment rises in August but uncertainty remains, UCY’s ERC says