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Next Previous Rise of € 3.6 billion in deposits, decrease of € 3 billion in loans HOME • INSIDER • CYPRUS • Rise of € 3.6 billion in deposits, decrease of € 3 billion in loans
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Deposits in the Cypriot banking system amounted to 51.5 billion at the end of February 2022, showing an increase of € 3.65 billion compared to February 2021.
According to According to the data of the Central Bank of Cyprus (CBC), the balance of loans at the end of December 2021 amounted to € 28.5 billion, recording a decrease of € 3.01 billion.
According to the CBC, the total deposits in February 2022 recorded a net increase of € 278 million, compared to a net decrease of € 341.8 million in January 2022.
The annual rate of change reached 6.6%, compared to 5.8% in January 2022.
Total loans in February 2022 recorded a net increase of € 45 million, compared to a net increase of € 107.1 million in January 2022. & nbsp; < The annual rate of change reached 2.2%, compared with 1.1% in January 2022, according to the CBC, while the balance of total loans in February 2022 reached € 28.5 billion
