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The value of bounced checks issued in Cyprus in 2019 declined to €1.41 million marking new all-time low since 2003 when the Central Bank’s Central Information Register (CIP) for dishonoured checks commenced operation. According to data issued on Thursday, in 2019 the number of bounced checks placed in the CIR’s preliminary list amounted to 914, compared to 908 in the previous year, which was the lowest number of checks issued since 2003. The highest ever value was recorded in 2009 with the …
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