Bank deposits continue to record increase 

Bank deposits continue to record increase 

Nicosia, October 28, 2015/Independent Balkan News Agency

Total bank deposits in September increased by 255,6 million euro, a press release by the Central Bank of Cyprus says.

According to the Central Bank of Cyprus, total deposits in September 2015 exhibited a net increase of €255,6 million, compared with a net increase of  €440,0 million in August 2015.

The annual growth rate stood at -0,7%,  compared with -3,1% in August 2015. The outstanding amount of deposits reached €46,6 billion in September 2015.

Total loans in September 2015 exhibited a net decrease of €163,3 million, compared with a net decrease of €89,5 million in August 2015.

The annual growth rate stood at -2,5%, remaining unchanged as compared with August 2015. The outstanding amount of loans reached €61,2 billion in September 2015.

Source: CNA