Since 1970
Call us: +357 (24) 822 870 // www.palourtis.com

Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... 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