Bank lending in Cyprus increased by 12 percent to 68.4 billion euros in January
Bank lending in Cyprus increased by 12 percent to 68.4 billion euros in January compared to a year ago, mainly because of a rise in credit to companies, the central bank said.
Deputy Europe Minister Andreas Mavroyiannis said that Cyprus could seek help from Russia and China in efforts to secure 1.8 billion Euro to recapitalise the Popular Bank and it could need as much as 4 billion Euro.