NPLs down by €122m to €22bn, CBC says

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NPLs down by €122m to €22bn, CBC says
 © BusinessMail 2018
By Stelios Orphanides

Non-performing loans in the Cypriot banking system fell in February by €122m to €22bn or 45.3 per cent in a month and by €1.9bn in a year, the Central Bank of Cyprus said.

Household and corporate non-performing loans fell by €113.1m and €13.5m in February compared to January to €11.4bn and €10.1bn respectively or to 54.9 per cent and 52.6 per cent of their respective total, the central bank said in a statement on its website on Tuesday. Total loans rose by €98.7m to €48.5bn. Outstanding corporate loans rose by €51.4m to €19.3bn while household...


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NPLs down by €122m to €22bn, CBC says


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