Cyprus Mail
Business

Bad cheques worth €1.5m issued in first half

Bad cheques worth around €1.5 million were issued in the first six months of the year, Central Bank (CBC) data showed.

According to data from the central register for issuers of dishonoured cheques (CIR), 1,301 bad cheques worth some €1.5 million were issued in the first half of the year, earning 667 individuals and companies a place on a preliminary blacklist.

The number who eventually made the blacklist reached 434 – 125 companies, 147 individuals, and 162 individuals who control companies.

Individuals and companies are placed on the register if they have, over a period of 12 months, issued at least three bad cheques irrespective of value, or the combined total value of any dishonoured cheque or cheques issued over this period exceeds €2.000.

 

 

 

 


Related posts

Napa deputy mayor announces candidacy to replace Karousos

Evie Andreou

Teen remanded on suspicion of dealing LSD

Evie Andreou

Larnaca gets biggest artificial reef yet as Elpida sunk off coast

Evie Andreou

CMP recovers remains of three Greek Cypriots as excavations continue north of the capital

Discover Nicosia history by bike

Eleni Philippou

Trouble in Olivewood: officials defend movie incentive scheme

Evie Andreou

2 comments

Comments are closed.