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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

  • 8 August 2019 New criteria for passport scheme

    New criteria for those wishing to obtain a Cyprus passport through the much... read more

  • 31 July 2019 This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 31 July 2019 Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 22 July 2019 Massive rise in new home construction

    The number of building permits authorised for the construction of new homes... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

  • 8 August 2019 New criteria for passport scheme

    New criteria for those wishing to obtain a Cyprus passport through the much... read more

  • 31 July 2019 This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 31 July 2019 Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 22 July 2019 Massive rise in new home construction

    The number of building permits authorised for the construction of new homes... 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