Cyprus Greek Bank Deposits Drop 5.9% in 2011, Central Banks Says

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Deposits at Greek banks in Cyprus fell 5.9 percent to 8 billion euros ($11.4 billion) in the first four months of the year, the Central Bank of Cyprus said.

Deposits at all banks rose 1.2 percent in the same period to 70.8 billion euros, the central bank said in a statement on its website today.