Monetary Financial Institutions (MFIs) Loans and Deposits Statistics

Monetary Financial Institutions (MFIs) Loans and Deposits Statistics
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The Central Bank of Cyprus today releases the MFIs loans and deposits statistics for the reference month of June 2015, which are included in the July 2015 edition of Monetary and Financial Statistics.
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Total deposits in June 2015 exhibited a net decrease of €398,3 million, as compared with a net decrease of €213,6 million in May 2015. The annual growth rate stood at -5,5%, as compared with -5,4% in May 2015. The outstanding amount of deposits reached €45,8 billion in June 2015.
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Total loans in June 2015 exhibited a net increase of €453,4 million, as compared with a net decrease of €7,6 million in May 2015. The annual growth rate stood at -1,9%, remaining unchanged as compared with May 2015. The outstanding amount of loans reached €62,6 billion in June 2015.
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Source: Central Bank of Cyprus
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Central Bank of Cyprus: Annual Report 2014

Central Bank of Cyprus: Annual Report 2014
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The Annual Report includes a short analysis of economic developments, a description of the CBC’s functions as well as the Financial Statements.
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Annual Report 2014 – PDF [93 pages]

Chrystalla Georghadji wird Chefin der Zentralbank von Zypern

Chrystalla Georghadji wird Chefin der Zentralbank von Zypern
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Die Zentralbank von Zypern wird künftig von Chrystalla Georghadji geführt:
Der Staatspräsident hat die altgediente Regierungstechnokratin zur Gouverneurin ernannt, wie die Regierung am Dienstag mitteilte. Sie folgt damit am 11. April auf Panikos Demetriades, der am Montag seinen Rücktritt eingereicht hatte – „hauptsächlich aus persönlichen und familiären Gründen“, wie es hieß.
Seine zweijährige Amtszeit war allerdings durch häufige Zankereien zwischen ihm und der Mitte-Links-Regierung von Präsident Nikos Anastasiades gekennzeichnet.
[…]
Alkman Granitsas – WSJ
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Chrystalla Georghadji – Profile provided by Central Bank of Cyprus
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Place and date of birth: Famagusta, Cyprus, 13 July 1956
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Education:
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1974-1978: Economics, University of Athens, Greece
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1979-1980: Postgraduate in Economics and Econometrics, University of Southampton, UK
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1982-1983: Master’s Degree, University of Chicago, USA [vgl. ‚Chicagoer Schule]
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Professional Career:
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1981-1998:
Economic Officer, Ministry of Finance
Economic Officer A’, Ministry of Finance
Senior Economic Officer, Ministry of Finance
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1993-1998
Deputy Chairperson of the Securities and Exchange Commission of Cyprus
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1996-1998
Head of the Service for the Supervision of Insurance Companies in Cyprus
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1998-2014
Auditor General of the Republic
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Since 11 April 2014
Governor of the Central Bank of Cyprus and member of the Governing Council of the European Central Bank.

Cyprus‘ outgoing central bank chief hits back as replacement is named

Cyprus‘ outgoing central bank chief hits back as replacement is named
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Cyprus’s outgoing central bank chief, Panicos Demetriades, has hit back after the government accused him of mishandling the island’s near economic collapse, as the Cypriot president, Nikos Anastasiades, wasted no time in appointing a replacement.
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The centre-right leader, who had been openly at war with the bank chief, said he would install auditor-general Chrystalla Georghadji to the post just 15 hours after Demetriades resigned.
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As it emerged that he had received a €250,000 payoff, Demetriades issued a statement that cited „personal and family reasons“ for his resignation and rejected claims he had failed to take adequate steps before the island’s banking collapse last spring.
[…]
Helena Smith – The Guardian
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Panicos O. Demetriades – Profile
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Panicos Onisiphorou Demetriades (born 19 January 1959) is a Cypriot economist, who is a European Central Bank Governing Council member and the Governor of the Central Bank of Cyprus from 3 May 2012. Prior to his appointment, he was a Professor of Financial Economics at the University of Leicester.
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Panicos O. Demetriades – Wikipedia, the free encyclopedia// // // //
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