Non performing facilities drop by about Euros 108m to Euros 24,55bn

The downward trend in centralised non performing facilities of Banks continued in August 2016, according to figures published on Friday by the Central Bank of Cyprus.

In particular, non performing facilities decreased by about Euros 108 million, reaching Euros 24,55 billion from Euros 24.66 billion in July this year.

Facilities decreased in August by Euros 2,13 billion from Euros 26.68 billion in the beginning of this year.

Facilities with over 90 days delay dropped in August 2016 to Euros 18.28 billion compared to Euros 18.36 billion in July 2016.

Since the beginning of the year, facilities with over 90 days delay have been reduced by Euros 2.72 billion.

Moreover, restructured facilities rose in August by about Euros 1 million, reaching Euros 13.701 million, of which Euros 10.272 millions still included in non performing facilities.

Source: Cyprus News Agency.