New loans record €98.2 million increase in September, Central Bank says

Total new loans recorded an increase of €98.2 million, to €315.6 million in September 2020, compared with €217.4 million in the previous month, according to figures released on Monday by the Central Bank of Cyprus.
 
The Central Bank noted that new loans for consumption increased to €15.3 million, compared with €13.5 million in the previous month, while new loans for house purchase recorded a rise to €97.2 million, compared with €55.9 million in the previous month.
 
New loans to non-financial corporations for amounts up to €1 million registered an increased to €38.9 million, compared with €37.0 million in the previous month.
 
New loans to non-financial corporations for amounts over €1 million rose to €151.1 million, compared with €100.5 million in the previous month.
 
According to the Central Bank, the interest rate on deposits f

(CNA)

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