Mixed trends in deposit and loan interest rates in November 2019

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Rates on deposits and loans followed mixed trends in November last year in the Cypriot banking system, data released by the Cyprus Central Bank, on Tuesday, show.According to the official data, the interest rate on deposits from households with an agreed maturity of up to one year recorded an increase to 0.16%, compared with 0.12% in the previous month.The corresponding interest rate on deposits from non-financial corporations registered a marginal decline to 0.30% compared with 0.31% in the previous month.At …

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