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Total deposits in Cyprus banking system reached their highest level in the past eleven months in August 2019, according to figures released by the Central Bank of Cyprus (CBC) on Thursday, while loans remained at historically low levels, despite a net increase in the eighth month of this year. Household loans declined by almost €6 billion in August 2019 and loans to non-financial corporations by almost €5 billion. Total deposits in August 2019 recorded a net decrease of €61.4 million, compared with …
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