The Central Bank of Cyprus has today released the MFIs deposits and loans statistics for the reference month of October 2016, which are included in the November 2016 edition of Monetary and Financial Statistics.
Total deposits in October 2016 recorded a net increase of €446,5 million, compared with a net decrease of €131,3 million in September 2016. The annual growth rate stood at 5,9%, compared with 5,5% in September 2016. The outstanding amount of deposits reached €48,3 billion in October 2016.
Total loans in October 2016 exhibited a net decrease of €138,2 million, compared with a net decrease of €316,1 million in September 2016. The annual growth rate stood at -11,0%, remaining unchanged compared with September 2016. The outstanding amount of loans reached €53,8 billion in October 2016.