Τotal new loans given out by Cyprus’ banks fell €90m to €249m in July 2019 compared with June’s €339.1m according to data released by the Central Bank on Tuesday.
New consumer loans increased to €17.3m, compared with €14.2 million in the previous month, of which € 0.5m comprised renegotiated or restructured loans.
Fresh loans for house purchase rose to €87.8 million, compared with €71.3 million in June, of which €3.7m comprised restructured loans.
Those to non-financial corporations borrowing up to €1m recorded an increase to €41.6m, compared with €39.4m the previous month, of which € 4.9m were loans that were renegotiated.
New loans to non-financial corporations borrowing over €1m declined to €72.8m, compared with €190.2m the previous month, of which € 5.6m were loans that have been renegotiated.