Value of bounced cheques up 35 per cent in first quarter, CBC reports

The value of bounced cheques in Cyprus rose to €156,564 in the first quarter of 2025, according to data published on Thursday by the Central Bank of Cyprus (CBC).

The CBC noted that this marks a 35 per cent increase when compared with the same period in 2024.

A total of 61 cheques were reported between January and March this year, down from 76 in the first quarter of 2024, when the total value stood at €115,375.

In March alone, 11 bounced cheques worth €72,009 were presented.