Cyprus: Bank credit to deposits

The latest value from 2007 is 108.31 percent, an increase from 107.62 percent in 2006. In comparison, the world average is 96.14 percent, based on data from 176 countries. Historically, the average for Cyprus from 1975 to 2007 is 96.06 percent. The minimum value, 88.64 percent, was reached in 1976 while the maximum of 108.31 percent was recorded in 2007. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.