Deposits at €51 billion and loans at €28.7 billion in June in Cyprus, according to CBC

The outstanding amount of deposits in June reached €51.3 billion, while loans totaled €28.7 billion, according to data published on Wednesday by the Central Bank of Cyprus, which are included in the July 2022 edition of Monetary and Financial Statistics.

 

The CBC announced that the total deposits in June 2022 recorded a net increase of €352.5 million, compared with a net decrease of €166.9 million in May 2022. The annual growth rate stood at 1.7%, compared with 1.9% in May 2022, the CBC announced.

 

Moreover, total loans in June 2022 recorded a net increase of €109.9 million, compared with a net increase of €121 million in May 2022. The annual growth rate stood at 2.9%, compared with 3.3% in May 2022.

 

Source: Cyprus News Agency

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