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Cyprus Eastern Forum Index » Banking & Insurance » CBCs Georghadji says NPLs currently at 21.9bn
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CBCs Georghadji says NPLs currently at 21.9bn 
Post: #1   PostPosted: Mon Oct 30, 2017 1:11 pm Reply with quote
Steve - SJD
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CBCs Georghadji says NPLs currently at 21.9bn

Central Bank of Cyprus governor Chrystalla Georghadji said that the amount
of non-performing loans in the Cypriot banking system currently stands at
21.9bn or 44 per cent of total loans.

The non-performing loans ratio in the system was 44 per cent of total loans
and 120 per cent of economic output, Georghadji said according to the
transcript of her speech at an event in Nicosia on Monday. Net non-performing
loans stand at 11.7bn and banks have terminated half of the non-performing
loans.

According to the latest publicly available central bank data, the amount of
non-performing... [
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Post: #2   PostPosted: Fri Nov 03, 2017 7:49 am Reply with quote
gazzaga
Joined: 23 Oct 2009
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Location: Limassol

 
the total of NPL's roughly equals the amount of deposits. A little scary
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CBCs Georghadji says NPLs currently at 21.9bn 
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