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CBC-Monetary Financial Institutions (MFIs) Interest Rates Statistics

February 28, 2014

ENP Newswire - 28 February 2014

Release date- 27022014 - The Central Bank of Cyprus has today released the MFIs loans and deposits statistics for the reference month of January 2014, which are included in the February 2014 edition of Monetary and Financial Statistics.

The publication has been upgraded with the revision of the published data for deposits and loans, so that monthly transactions and annual growth rates include also the adjustment for exchange rate fluctuations. Following the inclusion of the above adjustment, monthly transactions and annual growth rates will not be affected by exchange rate fluctuations. This amendment improves the accuracy of the data significantly, providing users with information regarding the actual annual percentage change of the monetary aggregates, in harmonisation with the methodology followed by the ECB. It should be noted that the outstanding amounts are not affected from the above revision.

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Source: ENP Newswire

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