The Central Bank of Cyprus has today released the MFIs deposits and loans statistics for the reference month of August 2018, which are included in the September 2018 edition of Monetary and Financial Statistics.
Total deposits in August 2018 recorded a net increase of €176,3 million, compared with a net increase of €796,4 million in July 2018. The annual growth rate reached 3,9%, compared with 4,5% in July 2018. The outstanding amount of deposits reached €51,1 billion in August 2018.
Total loans in August 2018 exhibited a net decrease of €187,8 million, compared with a net decrease of €74,7 million in July 2018. The annual growth rate stood at -0,8%, compared with -0,6% in July 2018. The outstanding amount of total loans reached €45,9 billion in August 2018.