The efficiency of the Cypriot banking sector, i.e. the cost-to-income ratio, fell to -72.3% for the third quarter of 2021. The ratio is 12 percentage points lower than in September 2020, when it stood at -60.6%, but is the same as in September 2019, according to the Key Aggregate Financial Indicators for the Cyprus Banking Sector.
The data are recorded in a table issued by the Central Bank of Cyprus, with key aggregated financial indicators for the Cypriot banking sector.
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