The 50% increase in August follows a 26% increase in July, 42% increase in June and 17% increase in May.
During August 2016 overall contracts of sale reached 451 compared with 301 in August 2015.
The number of contracts also include transactions relating to loan restructurings, recoveries and debt-to-asset swaps agreed between the banks and defaulting borrowers.
Source: www.cna.org.cy
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