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Non-performing loans (NPLs) in the Cyprus banking system rose slightly in February, due to an inflow of restructured facilities which under the EBA definition are classified as non-performing. According to data published by the Central Bank of Cypus (CBC), NPLs in February, the second month since the termination of a broad payment holiday in December, rose slightly to €5.14 billion compared with €5.13 bln the previous month. The NPL to total loans ratio amounted to 17% in February compared with 17.7% …
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