Total deposits in Cyprus reached €48.6 billion in November 2019, while outstanding loans amounted €34.2 billion, according to data released by the Central Bank of Cyprus on Thursday.
In particular, total deposits in November 2019 recorded a net drop of €84.1 million, compared with a net decrease of €158.3 million in October 2019.
The annual growth rate reached 2.2%, compared with 1.8% in October 2019.
Outstanding deposits reached €48.6 billion in November 2019.
Total loans in November 2019 exhibited a net increase of €34.9 million, compared with a net decrease of €75.0 million in October 2019.
The annual growth rate stood at 1.3%, remaining unchanged compared with October 2019.
The outstanding amount of total loans reached €34.2 billion in November 2019.
Read more:
https://in-cyprus.com/deposits-and-loans-down-in-october/
