Bad loans down at €9,7 billion in August 2019

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Bad loans down at €9,7 billion in August 2019
 © In-Cyprus 2020
Non – performing facilities (NPFs) in Cyprus banks recorded a slight decrease of approximately € 1.4 million in August 2019 compared to the previous month, according to the latest data released from the Central Bank of Cyprus (CBC). Total NPFs represented 29.3% of total loans.

According to CBC data as of 31 August 2019, total NPFs decreased to € 9,667 million, compared to € 9,681 million in the previous month and € 10,260 million at the end of 2018.

The share of NPFs against total lending fell slightly to 29.3%, from 29.6% in the previous month.

Households hold the...


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Bad loans down at €9,7 billion in August 2019


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