Cyprus bank deposits rise €44.3 million in August despite lending decline

Cyprus bank deposits rose €44.3 million in August after declining the previous month, while lending contracted €60.8 million, the Central Bank of Cyprus said on Thursday. The net increase in deposits contrasted with a €154.5 million decline in July, according to the central bank’s monthly monetary and financial statistics report. Total deposits reached €56.5 billion, … Continue reading Cyprus bank deposits rise €44.3 million in August despite lending decline