Central Bank Data Shows Deposits into Cypriot Banks Reached €49 Billion in January 2017

Total deposits in the Cypriot banking system in January 2017 amounted to 49 billion euros, marking an increase of 6% year on year, according to data released by the Central Bank on Tuesday.

Deposits increased by 149 million euro compared to December 2016, where a decline of 75 million euro was noted.

Compared with January 2016, deposits in the Cypriot banking system rose by 6.0% or 2.8 billion euro in the same month of 2017.

Deposits of Cypriot residents amounted to 36.3 billion euro reduced by 160 million euro, whereas deposits by other euro area residents increased by 30 million...


Central Bank Data Shows Deposits into Cypriot Banks Reached €49 Billion in January 2017


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