Total loans in January 2022 recorded a net increase of €107.1 million, compared to a net increase of €386.0 million in December 2021, according to data released on Friday by the Central Bank of Cyprus.
The annual rate of change reached 1.1%, compared to 0.8% in December 2021. The balance of total loans in January 2022 reached €28.5 billion.
Total deposits in January 2022 recorded a net decrease of €341.8 million, compared to a net increase of €337.4 million in December 2021.
The annual rate of change reached 5.8%, compared to 5.7% in December 2021.
The annual rate of change reached 5.8%, compared to 5.7% in December 2021. The balance of deposits in January 2022 reached €51.3 billion.
As noted, the term "net decrease/increase" represents the term "transactions", i.e. it does not include changes resulting from reclassifications, BR\](CNA)
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