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Business · Cyprus
Cyprus bank deposits reach €58 billion with recent increases
3 sourcesFirst reported 23 days agoUpdated 22 days ago
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What all sources covered
- Total bank deposits in Cyprus have risen to €58 billion as of May 2026.
- Deposits increased by €343.8 million in May, reversing previous declines.
- Households contributed significantly with a €171.3 million increase in their deposits.
- The annual growth rate of total deposits reached 5.1%, up from 4.5% in April.
- Factors influencing the increase include job growth and the need for liquidity among households.
3 sources
Who reported first
Cyprus MailFirst
Philenews+0m
Philenews+18h
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