Cyprus Mail

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.

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