NPLs drop by €48.4m to €23.2bn, CBC says

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NPLs drop by €48.4m to €23.2bn, CBC says
 © BusinessMail 2017
By Stelios Orphanides

The level of non-performing loans dropped on a monthly basis in April by €48.4m, to below €23.2bn, or 46.1 per cent of the total, on a decline in corporate bad loans, the Central Bank of Cyprus said.

Non-performing loans extended to non-financial corporations dropped in April by €57.1m, to €10.7bn, the central bank said in a statement on its website on Friday. The figure includes a €58.5m drop in delinquent loans of small and medium size enterprises to €9.3bn.

Household non-performing loans rose by €6.9m, to €12bn in April, the supervisory authority said....


NPLs drop by €48.4m to €23.2bn, CBC says


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