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Tag: loans

Cyprus debt to GDP ratio drops to 109% in Q2 2016

October 24, 2016July 31, 2019 CNA CNA, NEWS Cyprus, EU28, euro area, gdp ratio, loans, public debt
Cyprus debt to GDP ratio drops to 109% in Q2 2016

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

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Mortgage interest rates fall to 9-year low

August 2, 2016July 31, 2019 CNA CNA, NEWS Central Bank of Cyprus, consumer credit, interest rate, loans, Mortgage rates
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

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Domestic households and NFCs continue to be highly indebted, Central Bank data show

July 7, 2016July 31, 2019 CNA CNA, NEWS banking system, Central Bank, GDP, loans, NFC, non-financial corporations
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

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Loans exceed the volume of debt securities in Cyprus (69%)

June 21, 2016July 31, 2019 CNA CNA, NEWS Cyprus, EU, eurostat, loans
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

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Bank of Cyprus to post €0.4 billion loss after boosting provisions for loan impairments

February 25, 2016July 31, 2019 CNA CNA, NEWS Bank of Cyprus, Board of Directors, loans, loss, stock market
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

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Banks anticipate they will tighten mortgage lending in Q1 2016 (BNR survey)

February 2, 2016July 31, 2019 Agerpres AGERPRES, NEWS banks, loans, mortgage loans, National Bank of Romania, real estate, requirements
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,

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Banks agree on scheme offering 10-40% discount on Swiss franc loans

December 8, 2015July 31, 2019 CNA CNA, NEWS banks, Central Bank, discount, House Finance Committee, loans, Swiss francs
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

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Moody’s warns of moral hazard in case of forced conversion of loans in CHF

October 19, 2015July 31, 2019 CNA CNA, NEWS banking system, CBC, Central Bank of Cyprus, chf, loans, Moody, rating agency
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

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Troika sets four prior actions for the next Cyprus bailout disbursement

July 22, 2015July 31, 2019 CNA CNA, NEWS bailout, Cyprus, delegation, EC, ECB, EU, IMF, loans, reform, troika
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

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NPLs remain at high level at the end March 2015

June 22, 2015July 31, 2019 CNA CNA, NEWS banks, Central Bank of Cyprus, deposits, high level, loans, Non–performing loans, npl
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

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