Ceiling for housing and business loan subsidies extended
The government announced Friday it was extending the ceiling for housing and business loans included in its interest rate subsidy scheme, as well as its duration until the end of ...
Borrowers who suspended their loans are restructuring
Many borrowers who opted to use a scheme suspending loan payments for nine months in a bid to cope with the financial fallout of the coronavirus were now restructuring them, ...
Hoteliers urge parties to support state-backed loans for business
The hoteliers’ association (Pasyxe) urged political parties on Friday to back a government bill for state-backed loans to businesses, which would help boost liquidity amid the coronavirus crisis.
The government ...
Total new loans, bounced cheques fall
Total new loans issued by banks in November came to €263.3 million, compared to €281.4 million in the previous month, according to data released on Tuesday by the Central Bank of Cyprus (...