Cyprus Mail
Business

Central bank asks banks to restructure based on performance indicators

By Stelios Orphandies

The Central Bank of Cyprus instructed banks to submit on a quarterly basis information on the progress in their restructurings of loans in arrears based on target indicators it set aiming at helping banks decrease their 90 days past due exposures and prevent 30 days past due from increasing.

Related Posts

Credit Suisse’s turnaround just got a lot tougher as market reels

Reuters News Service

ECB to discuss quantitative tightening in Limassol

Kyriacos Nicolaou

Boeing doesn’t expect MAX 10 to gain FAA approval before summer 2023

Reuters News Service

Oil prices edge higher ahead of OPEC+ meeting to discuss supply cuts

Reuters News Service

Property sales in Cyprus up across the board

Nick Theodoulou

UK gilt market resilient despite ‘major repricing’ – debt office head

Reuters News Service