Economy category powered by

Bad cheques totalling €252,988 in first four months of the year

14:00 - 14 May 2024

Economy

The total value of bounced cheques in the first four months of 2024 reached €252,988, according to the Central Bank of Cyprus (CBC).

In 2023, the total value for the year was €1,767,912, in 2022 it was €1,518,669, in 2021 it was €933,945 and in 2020 it reached €741,700.

According to preliminary records, the number of bounced cheques in the first four months of 2024 was 108, in 2023 it was 356 in total for the year, in 2022 their total number reached 473, in 2021 it was 363 and in 2020 it was 454.

Meanwhile, in the first four months of 2024, the registrations of persons (legal persons, natural persons and natural persons controlling legal entities) in the Central Information Register for issuers of bad checks reached 78. In 2023 the total registrations for the whole year reached 274, in 2022 it was 255, in 2021 it was 179 and in 2020 it reached 186.

News Feed

All News

Read More

China Enterprises Chamber in Cyprus holds first annual meeting in Limassol
Mouzourides: The economic footprint of FIBA ​​EuroBasket and why it is a unique opportunity for the hotel sector
Car registrations on the up- The brands with the most demand for new and used cars
Cyprus ranks first in EU in reducing Stage 2 loans by end of 2024, according to EBA report
Annual industrial production up by 3% in April, 3.8% in Q1 2025
Annual petroleum product sales increase of 9.9% in May, 2.5% since January
Cyprus a leader in solar energy use for water heating, says Energy Minister
Nuno Moura on the new code of digital marketing, TikTok, and the rules of the game
Association of Large Investment Projects: Reforms for a resilient economy, let's capitalise on positive developments
Parliament green lights €100m for 'haircut' depositors and bondholders