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Bad loans in the Cyprus banking system at €9.42 billion in November 2019
CNA - NICOSIA/Cyprus 27/03/2020 13:04


Non-performing exposures in the Cyprus banking system amounted to €9,418 million in November 2019 recording an NPE rate of 28.5% of total loans, data released today by the Central Bank of Cyprus (CBC) show.

According to the CBC, total NPEs (according to the EBA definition) marked a reduction of €60 million compared with October 2019 and €841 million compared with the respective month of 2018.

(CNA)

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