Coronavirus: CBC urges banks to consider suspending instalments for 9 months

The Central Bank of Cyprus decided to relax loan origination rules while it freed an additional capital amounting to €100 million, bringing the total capital buffer to €1.4 billion in a bid to encourage banks to continue lending and show a more flexible stance to business and households affected by the coronavirus epidemic. The Bank … Continue reading Coronavirus: CBC urges banks to consider suspending instalments for 9 months