Interest rates for corporate deposits increase in June, while rates for household deposits remain unchanged

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Interest rates in Cyprus for household deposits remained unchanged at historically low levels in June, while interest rates for deposits from non-financial corporations followed an upward trend. According to data released Monday by the Central Bank of Cyprus the interest rate on deposits from households with an agreed maturity of up to one year remained unchanged at 0.07%, compared with the previous month. The corresponding interest rate on deposits from non-financial corporations recorded an increase to 0.12%, compared with 0.04% in the …

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