The Central Bank of Cyprus has today released the MFIs deposits and loans statistics for the reference month of October 2018, which are included in the November 2018 edition of Monetary and Financial Statistics.
Total deposits in October 2018 recorded a net increase of €299,7 million, compared with a net decrease of €230,4 million in September 2018. The annual growth rate reached 3,8%, remaining unchanged compared with September 2018. The outstanding amount of deposits reached €47,8 billion in October 2018.
Total loans in October 2018 exhibited a net decrease of €976,5 million, compared with a net decrease of €5,2 million in September 2018. The annual growth rate stood at -2,8%, compared with -0,6% in September 2018. The outstanding amount of total loans reached €39,9 billion in October 2018.