Cyprus banks’ top priority for granting new loans in the wider field of land development are hotel complexes and units, according to the Property Lending Barometer of KPMG.
The continuous record arrivals of tourists to Cyprus and future positive indications push the business lending departments towards that direction. With five being the highest percentage point, the lending priority given by Cypriot banks to hotel development is 4.5. This is the highest percentage point in compari….. Read More On: InCyprus
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