Cyprus Property News Magazine
Bank of Cyprus Sees Bad Loans Rise Sharply
The number of bad loans held by Cyprus' largest bank rose sharply to 48 percent in the third quarter of this year from 36 percent at the end of the previous three-month period as the bailed-out country's battered economy continued to shrink. Bank of ...
Bank of Cyprus sees bad loans rise sharply in Q3 as bailed-out economy shrinks