Deposit interest rates fall across Cyprus banks in April

Interest rates on both deposits and housing loans saw a general decline across Cypriot banks in April, according to detailed figures published this week by the Central Bank of Cyprus (CBC).

According to the published figures, the average deposit interest rate offered to eurozone-resident households fell to 1.26 per cent in April, down from 1.41 per cent in March.

Eurobank offered the highest deposit rate at 1.65 per cent, although