Nicosia.- The outflow of deposits continued in September by €924 million, data released by the Central Bank of Cyprus show. Total deposits in Cyprus came to €47,465 billion.
The outflow of deposits in September was almost double than that of the previous month, when it recorded €458 million.
Of the total €47.4 billion, €32.97 belongs to Cypriot residents, €2.78 billion to other euro zone residents and €11.78 billion to third country residents.
Deposits from third country residents recorded the greatest outflow at €539 million, followed by Cyprus residents’ deposits at €308 million and euro zone residents’ deposits at €76 million.