Government deposits drop to €1.1bn in May, CBC says

Click For Larger Image & Read More
Government deposits drop to €1.1bn in May, CBC...
 © BusinessMail 2017
By Stelios Orphanides

The Central Bank of Cyprus said that the Cypriot government’s deposits stood at the end of last month at €1.1bn, down by €52.4m compared to April.

The central balance sheet rose by €304.9m in a month to €14.7bn last month mainly on increased intra-Eurosystem claims, the bank supervisor said in a statement on its website on Tuesday. This was offset by an increase in liabilities in euro to banks in the euro area related to monetary policy operations.

1bn in May, CBC says appeared first on Cyprus Business Mail .


Government deposits drop to €1.1bn in May, CBC says


The contents of this article including any associated images are © BusinessMail 2017

  • Click Here

Trending Cyprus News

Article Tags: government, deposits,

 

  • Click Here
24hr News