Pure new lending in Cyprus amounted to €3.19 billion 2019
Pure new lending to corporations and households amounted to €3.19 billion in 2019 marking a slight annual increase attributed to large corporate credit over €1 million.
According to data released on Tuesday the Central Bank of Cyprus, gathered by CNA, pure new lending (excluding renegotiated loans) in 2019 amounted to €3,194 million, marking a slight increase of 1.61% or €51 million compared to the year before.
Total new loans, including renegotiated loans, amounted to €3.77 billion compared to €3,48 billion in 2018.
According to CBC data, following the 2013 financial crisis, pure new loans rose to 3.23 billion in 2017 which is the highest figures from December 2014 when the CBC began collecting data on pure new loans.
Pure new corporate loans amounted to €1.98 billion, corresponding to 62% of the total pure loans granted in
(CNA)
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According to data released on Tuesday the Central Bank of Cyprus, gathered by CNA, pure new lending (excluding renegotiated loans) in 2019 amounted to €3,194 million, marking a slight increase of 1.61% or €51 million compared to the year before.
Total new loans, including renegotiated loans, amounted to €3.77 billion compared to €3,48 billion in 2018.
According to CBC data, following the 2013 financial crisis, pure new loans rose to 3.23 billion in 2017 which is the highest figures from December 2014 when the CBC began collecting data on pure new loans.
Pure new corporate loans amounted to €1.98 billion, corresponding to 62% of the total pure loans granted in
(CNA)
*The full text of the news item is available in the paid version of the CNA web service. Subscription Form
*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.
from Cyprus News Agency
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