Deposits in the banking system continued rising albeit at a slower pace in September

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Deposits in the Cyprus banking system continued rising for a fourth consecutive month in September albeit at a much slower pace.According to data released by the Central Bank of Cyprus, deposits marked a net increase of €8 million in September 2021 compared with a net increase of €496 million in August 2021. The annual rate change amounted to 4.4% in September compared with 4.5% in August, the CBC added. According to the CBC total deposits in September amounted to €50.3 billion Furthermore, total …

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