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It was agreed that the MFIs would receive the loans at three per cent and charge transport operators between the seven and 13 per cent after mark-up.
The Central Bank of Cyprus on Tuesday released its Monetary Financial Institutions (MFIs) deposits and loans statistics for October 2023, revealing a decrease in both deposits and loans during this period.
Source: https://cyprus-mail.com/2023/11/28/deposits-and-loans-record-decrease-in-october-2023-cbc-reports/
This positive development was confirmed by ARB-clients of other MFIs.