Total new loans down in October

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Total new loans recorded a decrease to €262.6 million in October 2019, compared with €404.2 million in the previous month, according to data released Wednesday by the Central Bank of Cyprus. New loans in October 2019 are also reduced by € 29.6 million compared to € 292.2 million in October 2018. The biggest decrease was recorded in new loans to non-financial corporations for amounts over €1 million that registered a decline to €117.8 million, compared with €260.4 million in the previous month. New loans for …

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