Economy category powered by

Pure new credit increases to €253.8m in September

09:08 - 03 November 2023

Economy

Pure new loans in September 2023 increased to €253.8m compared to €207m in August, according to data by the Central Bank of Cyprus.

Total new loans, including renegotiations recorded an increase to €578.0m in September, from €525.7m the previous month.

Total new loans for consumption increased to €24.5m (from €20.3m), while total new loans for house purchase recorded an increase to €172.6m, compared with €154.9m in August.

Total new loans to non-financial corporations for amounts up to €1m increased to €83.5m in September, compared with €68.6m the previous month.

Total new loans to non-financial corporations for amounts over €1m registered an increase to €278.7m, from €270.9m in August.

News Feed

Read More

Thanos Michaelides: The German market may become equivalent to the UK's for Cyprus tourism
Eurobank Group to build care centre and independent living residences for people with disabilities
Infocredit Group receives Partner Excellence Award from HostingB2B
Shipping’s future in focus at “Maritime Cyprus 2025”
The new Starbucks store on Stavrou Avenue has opened its doors (pics)
Christodoulides showcases over 80 projects worth over €1b for the city and province of Nicosia
Cyprus achieves deployment of country's first quantum communication network
Cyprus’ EU Presidency a unique opportunity for the country, President says
ERATOSTHENES-UAE explore collaboration in Earth Observation, Space Technologies
Commission endorses positive preliminary assessment of Cyprus' €75.9m NextGenerationEU request