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Cyprus , Thursday 16 April 2026

Cyprus borrowers association decries low deposit rates

Published on: Wednesday 05 April 2023

Cyprus borrowers association decries low deposit rates 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…



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