No significant change in Cyprus NPLs at the end of August

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Cyprus’ non-performing loans (NPLs) recorded a small decrease by €13.5 million, totaling € 6.52 billion at the end of August, according to the latest data from the Central Bank of Cyprus (CBC). According to the data, as a percentage of total loans, NPLs amounted to 21.9%, with the NPL index remaining unchanged compared to the previous month. From the end of December 2019, the total NPLs showed a decrease of € 2.4 billion, which is mainly attributed to the sale of …

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