Deposits rise in February to €49bn matching August 2013 figures

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Deposits rise in February to €49bn matching...
 © CyprusMail 2020
Deposits in the Cypriot banking system rose in February by €174.9m in a month to €49.3bn, the highest since August 2013, as the downward trend in loans was halted, the Central Bank of Cyprus said.

The increase in deposits in February was mainly on inflow from non-financial corporations which saw their bank account balance increase by €144.6m in a month to €11.4bn, the central bank said in a statement on its website on Monday. Household deposits rose by €32.5 to €28.6bn and those of insurance companies and pension funds rose by €10.3m to €2bn. Deposits...


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Deposits rise in February to €49bn matching August 2013 figures


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