Deposits were down while loans were up in April 2020 according to data the Central Bank of Cyprus published on Friday.
In particular, according to a Central Bank press release total deposits in April this year recorded a net drop of €37.1 million compared to a net drop of €452.4 million the previous month. The outstanding amount of deposits in April 2020 reached €48.0 billion.
The annual rate of change reached 0.7% compared to 1.2% this March.
According to the Central Bank`s data business deposits fell in April this year by €110.7 million, to €10.59...