Total bank deposits drop to €48.6 bln in November
Total deposits held in Cyprus banks reached €48.6 billion in November 2019, while outstanding loans were €34.2 bln, data released by the Central Bank of Cyprus show.
Total deposits in November recorded a net drop of €84.1 mln, compared with a net decrease of €158.3 mln in October.
The annual growth rate reached 2.2% up from 1.8% in October.
Total loans in November exhibited a net increase of €34.9 mln, compared with a net decrease of €75 mln in October.
The annual growth rate stood at 1.3%, remaining unchanged from the previous month....
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