Deposits in the Cypriot banking system at the end of December 51,52 amounted to 2021 billion, showing an increase of € 3,31 billion compared to December 2020.
According to the data of the Central Bank of Cyprus (CBC), the balance of loans at the end of December 2021 amounted to € 29,9 billion, recording a decrease of € 1,87 billion, reflecting the continuing leverage of the banks' loan portfolios.
Liquidity in the banking system at the end of December amounted to € 21,6 billion.
According to the CBC, Total deposits in December 2021 recorded a net increase (excluding reclassifications and exchange rate adjustments) of € 331,2 million, compared to a net increase of € 480,8 million in November 2021.
The annual rate of change reached 5,7%, compared to 5,8% in November 2021.
Total loans in December 2021 recorded a net increase of € 386,0 million, compared to a net decrease of € 3,9 million in November 2021.
The annual rate of change reached 0,8%, compared to 1,4% in November 2021, according to the CBC.
Source: KYPE