Cyprus bank lending up 11 pct in February
Cyprus bank lending in February rose 11 percent from a year earlier to 68.6 billion euros as business loans rose, the Central Bank of Cyprus said.
Loans to non-financial corporations climbed 12 percent to 31.2 billion euros, the regulator said in a statement on Wednesday.
Loans to other financial intermediaries surged 27 percent to 9.2 billion euros.
Household lending rose 5 percent to 27 billion euros, the bank said.
Deposits were up 0.1 percent at 69.6 billion euros.
[Bloomberg]
