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A further decrease of €175 million or 1.8% was recorded in aggregate NPFs at the end of September 2019, compared to the end of June 2019, and, as a result, a fall in the ratio of NPFs to total facilities was recorded from 29.8% at end-June 2019 to 28.8% at the end of September 2019, according to the Central Bank of Cyprus, which notes that “there has been an improvement in the factors contributing to the reduction of NPFs.” At the …
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