Cyprus debt to GDP ratio has dropped further by -0.3 points, to 109%, in the second quarter of 2016, according to Eurostat. The difference since
Tag: loans
Mortgage interest rates fall to 9-year low
Mortgage rates dropped in June to the lowest level since 2007, figures released by the Central Bank of Cyprus showed on Tuesday. The figures showed
Domestic households and NFCs continue to be highly indebted, Central Bank data show
Domestic households and non-financial corporations (NFCs) continue to be highly indebted, with the total debt reaching 358,1% of Gross Domestic Product (GDP) as at the
Loans exceed the volume of debt securities in Cyprus (69%)
Loans exceed the volume of debt securities in Cyprus (69%) as a main financial instrument for 2015, according to Eurostat. At the same time, the
Bank of Cyprus to post €0.4 billion loss after boosting provisions for loan impairments
The Bank of Cyprus Board of Directors convenes on Thursday to approve the 2015 preliminary financial results which will be published after the closing of
Banks anticipate they will tighten mortgage lending in Q1 2016 (BNR survey)
Banks in Romania slightly eased the conditions for granting housing loans in the last quarter of 2015, on grounds of rising demand, however they anticipate,
Banks agree on scheme offering 10-40% discount on Swiss franc loans
Three financial institutions have agreed on voluntary schemes with the Central Bank of Cyprus, to address the problem faced by consumers who borrowed in Swiss
Moody’s warns of moral hazard in case of forced conversion of loans in CHF
Moody`s rating agency warned of moral hazard in case Cypriot Parliament forces a conversion of housing loans in Swiss franc (CHF), noting that such a
Troika sets four prior actions for the next Cyprus bailout disbursement
Loan sales and loan securitization, the civil service reform, the corporization of the state-owned company as an initial state to its privatization and the issuance
NPLs remain at high level at the end March 2015
Non – performing loans in Cyprus’ banks remained at the same high levels at the end of March 2015, according to figures released on Monday