Cyprus banks tighten lending criteria due to geopolitical uncertainty

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Cyprus banks tighten lending criteria due to...
 © CyprusMail 2022
The Central Bank of Cyprus (CBC) on Tuesday announced that it has recorded a tightening of lending criteria, combined with a decline in net demand for loans, during the second quarter of the year, reflecting the growing uncertainty about the global economic environment stemming from the war in Ukraine.

The above conclusions are the result of the bank lending survey the central bank conducted for the second quarter.

The central bank noted that these results are consistent with the expectations of Cypriot banks, as they...


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Article automatically added to our system on Wednesday, September 7, 2022

Cyprus banks tighten lending criteria due to geopolitical uncertainty


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Article Tags: #cyprus   #banks   #tighten   #lending   #criteria   #geopolitical   #uncertainty  


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