Non-performing loans in Cyprus rise for second month

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Non-performing loans in Cyprus rise for second...
 © In-Cyprus 2020
Non-performing loans (NPLs) rose for a second consecutive month in May amounting to €8.05 billion with non-performing exposures (NPEs) calculated according to EBA rules dropping by €11 million to €10.13 billion which corresponds to 30.8% of total loans, according to data released on Wednesday by the Central Bank of Cyprus (CBC).

NPLs, loans in arrears over 90 days in may rose in May to €8.05 billion from €7.98 billion the previous month, marking the second consecutive rise increase, as NPLs in April rose by €71 million compared to March.

Loans in arrears over 90 days shows the net flow of NPLs as it...


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Non-performing loans in Cyprus rise for second month


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Article Tags: performing, loans, cyprus, second, month,