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The value of bounced cheques issued in 2021 rose to €0.93 million compared with €0.74 in 2020, whereas the number of bounced cheques dropped to 363 compared with 454 the year before. According to data released by the Central Bank of Cyprus, the value of cheques issued in December 2021 and included in the CBC’s preliminary Central Information Register (CIR) jumped significantly to €250,506 more than doubling the value of bounced cheques issued in the previous month (€97,696) and more than …
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