Cyprus Mail
Business

Deposit levels down €21bn compared to pre-bail-in levels

By Stelios Orphanides

The 2013 banking crisis continues to haunt deposits in Cyprus’s banking system, two years after depositors at Bank of Cyprus and Cyprus Popular Bank, also known as Laiki, lost a significant portion of their savings.

Overall deposits stood at €46.5bn in February compared to €67.5bn two years ago, according to Central Bank of Cyprus data.

Related posts

Visits to Paphos restaurants down 10 per cent

Peter Michael

Alibaba and the $15 bln question: Amid Hong Kong’s protests, when to list?

Reuters News Service

Kedipes ‘stalling’ probe into loans held by PEPs (update)

George Psyllides

Akel calls for explanation of report linking president to money laundering

George Psyllides

Data, news fuels big gains for pound vs euro, dlr for the week

Reuters News Service

Cyprus recorded trade deficit of €2.4bn in first six months