Net increase in both total deposits and total loans was recorded for the month of April compared to March, as shown by the MFI deposit and loan statistics for the reference month in April 2022, which are included in the issue of Monetary and Financial Statistics. , May 2022 published on Friday by the Central Bank of Cyprus.
Specifically, total deposits in April 2022 recorded a net increase of € 146,5 million, compared to a net decrease of € 1,1 billion in March 2022. The annual rate of change reached 2,9%, compared to 3,8 % in March 2022. The balance of deposits in April 2022 reached € 51,0 billion.
Total loans in April 2022 recorded a net increase of € 64,5 million, compared to a net decrease of € 6,8 million in March 2022. The annual rate of change reached 2,7%, compared to 2,3% in March 2022. The balance of total loans in April 2022 reached € 28,0 billion.
It is noted that the term "net decrease / increase" represents the term "transactions", ie it does not include changes resulting from reclassifications, bills of exchange and other adjustments.