Suspended credit facilities in Cyprus rise to €1.19 billion on May
Suspended credit facilities at the request of borrowers on May 8 amounted to €1.19 billion from €894 million on April 24, according to data released Monday by the Central Bank of Cyprus (CBC).
Under the emergency measures announced by Government to control the spread of COVID-19 in Cyprus, borrower could apply for suspension of installments and interest on their credit facilities.
(CNA)
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from Cyprus News Agency
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