The Central Bank of Cyprus has today released the statistics on interest rates applied by monetary financial institutions in Cyprus on deposits and loans in euro for the reference month of February 2018. These statistics are presented in Tables 7, 8, 9 and 10 of the March 2018 edition of Monetary and Financial Statistics (MFS).
The MFS publication has also been enriched with Tables 11 and 12 which show data regarding volumes (amounts) of new euro denominated loans vis-à-vis households and non-financial corporations resident in the euro area member states. These volumes are decomposed into volumes of pure new loans and volumes of renegotiated loans. The publication of these statistics aims to enhance transparency and provide an important source of information for economic analysis purposes.
The main developments in interest rates on new deposit and loan contracts, including contracts which were renegotiated, are summarized as follows: