Greek bank de­posits in Cyprus dip 6 per­cent

Kathimerini English - - Business & Finance -

De­posits at Greek banks in Cyprus fell 5.9 per­cent to 8 bil­lion eu­ros ($11.4 bil­lion) in the first four months of the year, the Cen­tral Bank of Cyprus said. De­posits at all banks rose 1.2 per­cent in the same pe­riod to 70.8 bil­lion eu­ros, the cen­tral bank said in a state­ment on its web­site yes­ter­day. The drop in de­posits at Greek banks was mainly the re­sult of a 10 per­cent de­crease in de­posits at Na­tional Bank of Greece (Cyprus) Ltd, a unit of Greece’s largest

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