Bad loans reduce slightly to €9.7 bln

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Bad loans reduce slightly to €9.7 bln
 © FinancialMirror 2020
Non-performing facilities in Cyprus banks recorded a slight decrease of around €1.4 mln in August 2019 compared to the previous month with total NPFs representing 29.3% of total loans.

According to data released by the Central Bank of Cyprus (CBC), as of 31 August 2019, total NPFs decreased to €9.667 bln, compared to €9.681 bln in July and €10.260 bln 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 held the largest share of NPFs, which declined in August to €...


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Bad loans reduce slightly to €9.7 bln


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