The Central Bank of Turkey removing the first-tier threshold of the security maintenance ratio requiring banks to hold a defined percentage of government securities as reserves against loans is welcomed by Moody’s.
New credit provided by Cypriot banks reached €3.23 bln in 2022, increasing 10% year-on-year despite the uncertainty driven by the war in Ukraine, according to the Central Bank of Cyprus (CBC). Pure
The rise in daily Covid-19 infections and heightened uncertainty over the impact on the real economy led Cyprus banks to tighten the lending criteria for corporate loans in the fourth quarter of
Banks expect to enforce stricter lending criteria for households but not for COVID-affected businesses while preparing for increased demand for loans in all categories. This is according to the Central Bank of
Cyprus banks tightened lending criteria in the third quarter of 2020 while there was increased demand for loans from businesses and households during the pandemic, according to the bank lending survey. The
New mortgage lending in Greece, Ireland, Austria, and Spain is offered at a higher rate than the average rate for outstanding mortgages, while for Cyprus, Belgium and Finland, the difference between new
Pure new bank lending to corporations and households amounted to €3.19 bln in 2019 marking a slight annual increase attributed to large corporate credit over €1 mln. According to data released by