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Cyprus Business Now
March 30, 2023
Total deposits in Cyprus recorded a net increase of €357.1 million in February 2023, compared to the previous month, with their balance amounting to €51.9 billion, according to a report released this week by the Central Bank of Cyprus (CBC).
According to the report, deposits recorded a net decrease of €583.8 million in January 2023, on a monthly basis, and stood at €51.4 billion.
Moreover, compared to February 2022, deposits increased by €413 million.