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Increase in unsecured checks after three years

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Increase in unsecured checks after three years

Insider / ΚΥΠΕ

After three consecutive years of reductions, the value of unsecured checks registered in 2021 in the preliminary list of the Central Information Archive (CAP) of the Central Bank of Cyprus (CBC) increased, reaching € 0.93 million, compared to € 0 , 74 million last year.

According to CBC data, the number of unsecured checks entered in the preliminary list decreased to 363 in 2021 compared to 454 the previous year.

In the last month of 2021, the value of unsecured entries in the preliminary list amounted to € 250,506, which is more than double the amount from November 2021 (€ 97,696) and more than four times the corresponding month of 2020 (€ 51,231).

The entries of legal entities and individuals in the preliminary list fell to 99 and 95 respectively for the whole of 2021 compared to 147 and 129 respectively last year.

At the same time, the registrations of legal entities in the CAP in 2021 decreased to 58 from 66 in 2020, while on the contrary the registrations of natural persons increased to 50 from 40 in 2020. The CAP also registered 71 natural persons, who control legal entities, with the total registrations in 2021 to 179 compared to 324 the previous year.

Source: www.philenews.com

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