Households' financial assets in Cyprus amounted to €65.3 billion at the end of March 2026, while household debt stood at €20.1 billion, according to the Quarterly Financial Accounts published by the Central Bank of Cyprus (CBC).
The CBC said the household debt-to-GDP ratio stood at 55%, marking a marginal increase compared with the previous quarter. However, compared with December 2016, the ratio has declined significantly, by 63%.
Of households' total financial assets, 53% consisted of currency, deposits and loans, 26% of equity, 17% of other financial assets and 4% of debt securities.
Financial assets held by non-financial corporations totalled €79.6 billion at the end of March, while their debt amounted to €40.0 billion. The sector's debt-to-GDP ratio stood at 109%, recording a slight increase from the previous quarter but a substantial decline of 97% compared with December 2016.
The financial assets of non-financial corporations were allocated as follows: 22% in currency and deposits, 5% in loans, 0.5% in debt securities, 39% in equity and 33% in other financial assets.
The Quarterly Financial Accounts also show that insurance corporations held €6.1 billion in financial assets, with 45% invested in equity, 29% in debt securities, 7% in currency and deposits, 2% in loans and 18% in other financial assets.
Investment funds held financial assets worth €7.6 billion, of which 80% were invested in equity, while pension funds' financial assets amounted to €5.0 billion, with 55% invested in equity.
(Source: CNA)