Central Bank of Cyprus reports April deposit rates decline, while net new loans increase.
The Central Bank of Cyprus reports a decline in deposit rates for April, with household deposits maturing up to one year falling to 2.16% from 2.24% in the previous month. Meanwhile, net new loans in Cyprus increased by €20.9 million in April, reaching €304.3 million compared to €283.4 million in the previous month. Loan interest rates fluctuated across categories during the same period.
June 06, 2024
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