articles | 02 February 2021

Cyprus resident assets outweighed by liabilities

Total assets of Cyprus residents stood at €684.57 billion against higher total liabilities of €711.78 billion at the end of September, Central Bank data shows.

Cypriot residents’ assets included €106.56 billion in cash and deposits, €24.81 billion in debt securities, €87.87 billion in loans, €420.1 billion in shares and €44.43 billion in other financial instruments.

Liabilities included €85.98 billion in cash and deposits, €28.17 billion in debt securities, €171.15 billion in loans, €375.52 billion in shares και €50.78 billion in other financial instruments.

According to Cyprus Central Bank data, General Government assets were €30.66 billion and total liabilities were €41.16 billion.

Companies total assets were €62.8 billion while total liabilities were €102.28 billion.

At the same time, the total assets of credit financial institutions were €80.44 billion and total liabilities €79.37 billion.

Total assets of investment organisations at the end of September last year were €5.23 billion and total liabilities €5.54 billion.

Total assets of other financial organisations apart from insurance companies and provident funds reached €445.93 billion and total liabilities to €451.40 billion.

Insurance companies’ total assets were €3.87 billion with liabilities being €4.45 billion.

Provident funds’ assets were €3.40 billion with liabilities the same amount.

The assets of households and non-profitable organisations had reached at the end of September last year €52.22 billion and total liabilities €24.15 billion.

The assets of non-Cyprus residents were €530.5 billion and the liabilities €503.29 billion.

Source: Financial Mirror

Cooperation Partners
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Cyprus Shipping Chamber
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Cyprus Investment Funds Association
  • Logo for CYFA Cyprus
  • Logo for Cyprus International Businesses Association
  • Logo for Invest Cyprus
  • Logo for Association of Cyprus Banks
  • Logo for Cyprus In Your Heart