NPLs drop to below €20bn in March, CBC says

Click For Larger Image & Read More
NPLs drop to below €20bn in March, CBC says
 © BusinessMail 2018
By Stelios Orphanides

Non-performing loans in the Cypriot banking system fell in March by almost €2.1bn to €19.9bn in a month, which is the lowest since December 2014, the Central Bank of Cyprus said.

The non-performing loans ratio in the system fell in March from 45.3 per cent in February and 46 per cent in March 2017, to 43 per cent which is also the lowest rate since the introduction of the current classification methodology which also provides for a minimum 12-month probation period for restructured facilities, the central bank said in a statement on its website...


This article was automatically added to our system 12-7-2018

NPLs drop to below €20bn in March, CBC says


The contents of this article including any associated images are © BusinessMail 2018
Views & opinions expressed in this article are those of the author and/or BusinessMail .

  • Click For More Info
Advertise Here

Trending Cyprus News

Article Tags: below, march,

 

  • Click For More Info
Advertise Here

24hr News