A total of 38 bounced cheques have been registered in the Central Information Registry (CIR) for dishonoured cheques in February, compared with 23 in January, the Central Bank of Cyprus (CBC) said on Monday. According to the CBC, the value of these cheques increased to pound 101,065 compared with pound 59,817 in January 2023 and pound 93,811 in February 2022. In the first two months of 2023, a total of 61 cheques have been registered in the preliminary CIR, which is the same as in the respective period of 2022, with the total value amounting to pound 160,882 which is significantly reduced compared with pound 243,369 in the first two months of last year. In February, a total of 37 persons have been registered in the CIR of which 14 are legal persons, 4 natural persons and 19 persons controlling legal entities, the CBC added. Furthermore, 20 persons have been registered in the CIR’s preliminary list of which 12 legal entities and 8 natural persons.
Source: Cyprus News Agency