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Bank deposits in Cyprus.

Posted on: 10/30/2015 7:41:07 AM under General News

According to the latest press release by the Central Bank of Cyprus, the total bank deposits in September increased by 255,6 million euro compared with a net increase of €440 million in August 2015. The annual growth rate in September was -0,7% in comparison to -3,1% in August 2015. And the outstanding balance of deposits in the previous month reached €46,6 billion.

Total loans in September 2015 showed a net decrease of €163,3 million, compared with a net decrease of €89,5 million in August 2015. The annual growth rate remained unchanged in comparison to the August 2015 indicators and stood at -2,5%. The outstanding amount of loans reached €61,2 billion in September 2015.

Source: Famagusta Gazette

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