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-Moody's says Cypriot banks' funding structure is improving

Feb 03, 2017 - Global Banking News

Global Banking News - 03 February 2017

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The ratings agency said on Thursday that deposits rose by EUR3bn in 2016 and this is the first time that deposits have increased in the banking system since 2013.

According to Moody's Investor Services, Cypriot banks' funding structure is improving thanks to the annual rise in deposits.