Deposits in the Cyprus banking system rose for a fourth consecutive month in October reaching a new three-year high, while loans continue deleveraging.
According to data released by the Central Bank of Cyprus, total deposits in October 2021 recorded a net increase of €278 million (excluding changes resulting from reclassifications, exchange rate and other adjustments), compared with a net increase of €8 million in September 2021.
The annual growth rate stood at 5.
Source: Cyprus News Agency