NPLs accounted for 17.4% of total loans in July

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NPLs accounted for 17.4% of total loans in July
 © CyprusPropertyNews 2022
The Cyprus Central Bank (CCB) reports that non-performing loans (NPLs) accounted for 17.4% of total bank loans at the end of July; down from 17.6% at the end of June 2021.

According to the CCB, NPLs amounted to €4.979 billion in July 2021, a fall of approximately €8 million compared to €4.987 billion in June 2021 as follows:

Non-financial corporations – €2.073 billion of which €1.712 billion are loans of small and medium-sized enterprises (SMEs).

Households – €2.670 billion.

Other financial corporations – €236 million

However, total loans rose to €28.528...


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Article automatically added to our system on Thursday, October 28, 2021

NPLs accounted for 17.4% of total loans in July


Contents of this article including associated images are © CyprusPropertyNews 2022
Views & opinions expressed are those of the author and/or CyprusPropertyNews .

Article Tags: #accounted   #total   #loans  


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