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Cyprus News Agency: News in English, 13-12-03

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] New lending criteria could possibly shock borrowers says ACB

    President


  • [01] New lending criteria could possibly shock borrowers says ACB President

    The new lending criteria could possibly shock borrowers, President of the Association of Cyprus Banks, Marios Clerides, has said.

    The introduction of new lending criteria is included in the Memorandum signed with the international lenders -ECB, IMF and European Commission- Clerides said on Tuesday, adding that these criteria will be put in place as soon as consultations are concluded.

    "Loan approval criteria should have existed in the past" President of the Association of Cyprus Banks said.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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