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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

    FULL details of the landmark agreement between Cyprus and the United Kingdom... read more

  • 3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

    Individuals spending 90 days a year in Russia, or having their centre of... read more

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 October 2019 Landmark Agreement between Cyprus and the United Kingdom

    FULL details of the landmark agreement between Cyprus and the United Kingdom... read more

  • 3 October 2019 Breaking News Potential Change to Definition of Russian Tax Residency for Individuals

    Individuals spending 90 days a year in Russia, or having their centre of... read more

  • 10 September 2019 Many Home dwellers few are the first borrower applications

    Implementation of the Home plan has not begun with the best odds, as... read more

  • 3 September 2019 Home plan from tomorrow for 10 thousand borrowers

    After months of discussions, the Home Plan is being implemented from tomorrow... read more

  • 2 September 2019 July property sales hold steady Update

    The number of Cyprus property sales during July was the same as the number... read more

Liquidity came back after the crash of 2013

   

Banks' actions to de-balance their balance sheets and the growth of deposits due to growth have improved the liquidity of the system, as evidenced by the difference in deposits and loans.

According to Central Bank data, at end-January 2018, loans to the system reached € 51.08 billion compared to € 48.57 billion in deposits, resulting in a liquidity gap of € 2.51 billion. the deficit in the financial system remains but has fallen sharply from € 18.2bn in January 2015 and € 15.39bn in January 2014.

The period when deposits were more than the loans, according to historical data of the Central Bank, was in 2005 with the amount of € 9.69 billion in 2006 was € 9.97 billion, 2007 was € 12.11 billion in 2008 was € 9.43 billion.

The picture begins and varies from 2009 with the surplus of deposits being reduced to € 2.84 billion. In 2013, coupled with the haircut of deposits and the excessive debt of households and businesses, loans are more than deposits € 16.60 billion It is worth mentioning that the deleveraging of the sector is continuing. By end-January 2018, loan balances are less by € 3.96 billion compared to 2017 and compared to 2016 is € 4.21 billion.

http://www.philenews.com/oikonomia/kypros/article/496414/epanilthe-i-refstotita-meta-to-krach-toy-2013