Cyprus Mail

Bank deposits rise in June as deleveraging continues, central bank says

By Stelios Orphanides

Deposits in the Cypriot banking system rose by €238m in July compared to June to €46.2bn, mainly on increased deposits held by non-Cyprus residents, as deleveraging continues, the Central Bank of Cyprus said.

Deposits held by residents of other euro area countries rose by €138.4m to over €2.5bn in July compared to the month before while those held by third country residents rose by €75.8bn to €11.5bn, the central bank said in a statement on its website today. Amounts deposited by Cyprus residents rose by €23.8m to €32.1bn.

Related posts

Screening for breast cancer bolstered under Gesy

Evie Andreou

Laws alone are not enough to tackle animal abuse, new environment commissioner says

Jean Christou

Foreign minister in Brussels, will meet Borrell

Kyprianou says ‘honest compromise’ the only way for Cyprus to have a future

Jean Christou

The Donald and I

Jean Christou

Syria: the most complex conflict of our time

Elias Hazou