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Non-performing loans (NPLs) rose slightly in April corresponding to 27.7% of total loans, according to data released by the Central Bank of Cyprus on Monday. According to the CBC data, NPLs in April rose to €8.95 billion from €8.92 billion in the previous month. As per the directive of the European Banking Authority (EBA) NPLs include restructured facilities which are considered as NPLs at least for a one year curation period. As a percentage of total loans, NPLs remained unchanged to 27.7% …
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