Cyprus Mail

BoC’s ELA drops below €6bln

By Stelios Orphanides

Bank of Cyprus’s outstanding emergency liquidity assistance to the Central Bank of Cyprus fell for the first time since March 2013 below the €6bn mark, the supervisory authority said.

The sum of “other claims on euro area credit institutions denominated in euro” in the central bank’s balance sheet as per June 30, fell to €5.9bn, which is €0.5bn lower than the month before, the central bank said.

Related Posts

Cyprus wants to grow investment funds sector to €25 billion

Kyriacos Nicolaou

Cyprus Business Now

Kyriacos Nicolaou

Buy now, pay later: the age of digital credit

CM Guest Columnist

Inaugural coding challenge successfully held in Cyprus

Kyriacos Nicolaou

Russia’s ‘political’ debt default sets emerging market precedent

Reuters News Service

Dollar set for biggest weekly drop in nearly 4 months as rate bets cool

Reuters News Service