Cypriot Banks See Deposit Surge and Lending Decline in July

Financial institutions in Cyprus reported a €562 million increase in household and corporate deposits during July, while new loan disbursements contracted by €69 million. The shift reflects cautious borrowing behavior amid ongoing economic uncertainty and higher interest rates.

27 Aug, 12:30 — 27 Aug, 12:30

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cyprus-mail1d ago

Cyprus deposits jump €562m as loans fall €69m

Deposits held with Cyprus financial institutions increased by a net €562.3 million in July, while total loans declined by €68.7m, according to figures released by the Central Bank of Cyprus (CBC). The rise in deposits was largely driven by Cyprus residents, whose holdings increased by €603.2m during the month. More specifically, household deposits rose by […]

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First report: newsbeast · 27 Aug, 12:02|Full coverage: 2 · 29m|Window: 29m

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newsbeast27 Aug, 12:02First to report

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cyprus-mail27 Aug, 12:30Latest update

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Cypriot Banks See Deposit Surge and Lending Decline in July

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Cyprus deposits jump €562m as loans fall €69m

Coverage Timeline

Αυξήθηκαν οι καταθέσεις, μειώθηκαν τα δάνεια τον Ιούλιο

Cyprus deposits jump €562m as loans fall €69m

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