Non-performing loans targets could change

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Non-performing loans targets could change
 © CyprusMail 2017
The Central Bank of Cyprus is mulling changes to commercial banks’ targets regarding non-performing loans, governor Chrystalla Georghadji said on Wednesday.

Speaking after a meeting with President Nicos Anastasiades at the Presidential Palace, Georghadji said the regulator is “considering changes on non-performing loans”.

In a statement, the Central Bank said the governor had been referring to the targets the regulator had set for banks in 2015, in collaboration with the Troika of international lenders that bailed out cash-strapped Cyprus in 2013.

“[The targets] are no longer...


Non-performing loans targets could change


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