CBC: Consumer loan rates rise, housing loan rates dip

Cyprus witnessed a rise in consumer loan interest rates in March of this year, alongside a decrease in rates for housing loans, while household deposit rates saw an increase, according to a report released this week by the Central Bank of Cyprus (CBC).

According to the same data, in the same month, the total amount of new loans decreased by €79 million compared to the previous month.

What is more, the Central Bank reported that the interest rate for household time deposits up to one year increased to 2.24 per cent...