Deposits jump by €3.3 billion, loans down by €1.9 billion in 2021

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Deposits in Cyprus banking system in end-2021 amounted to €51,52 billion recording an increase of €3.31 billion compared with December 2020, according to data released by the Central Bank of Cyprus (CBC). Total loans in the end of December 2021 amounted to €29.9 billion down by €.87 billion, reflecting the continued deleveraging in the banks’ loan portfolios. Liquidity in the banking system in end-2021 amounted to €21.6 billion. According to the CBC, total deposits in December 2021 recorded a net increase, that is …

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