Deposits at €51 billion and loans at €28,7 billion in June in Cyprus

Total deposits in June reached €51,3 billion, while loans totaled €28,7 billion, according to data published by the Central Bank of Cyprus

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Total deposits in June reached €51,3 billion, while loans totaled €28,7 billion, according to data published on Wednesday by the Central Bank of Cyprus, which are included in the Monetary and Financial Statistics, July edition 2022.

Total deposits in June 2022 recorded a net increase of €352,5m, compared to a net decrease of €166,9m in May 2022. The annual rate of change reached 1,7%, compared to 1,9% in May 2022, Central says in its announcement.

Additionally, total loans in June 2022 recorded a net increase of €109,9m, compared to a net increase of €121m in May 2022 and the annual rate of change reached 2,9%, compared to 3,3% in May 2022.

Source: KYPE