Cyprus borrowers association decries low deposit rates
Published on: Wednesday 05 April 2023
The Association for the Protection of Borrowers (Syprodat) this week said that Cypriot banks have persisted with low deposit rates despite the ECB recently hiking the interest rate by 0.5 per cent, a move which saw banks in other EU countries increase their own deposit rates. “Banks in Cyprus have…
News source: https://cyprus-mail.com/2023/04/06/cyprus-borrowers-association-decries-low-deposit-rates/