NPLs in Cyprus decrease €722 million at the end of September

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Α decrease of €722 million or 14.4% was recorded at the end of September 2021 in aggregate Non-Performing Loans (NPLs) compared with the end of June 2021, according to data released Friday by the Central Banks of Cyprus (CBC).Total loans decreased by €486 million or 1.7% from €28,388 million at end-June 2021 to €27,902 million at the end of September 2021. As a result, a decrease in the ratio of NPLs to total loans was recorded from 17.6% at end-June …

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