Economy category powered by

Investment Funds' assets up by €169.2m in March, reaching €7.53b

The total assets of Investment Funds (IFs) in Cyprus increased by €169.2 million or 2.3% in March 2025 compared to December 2024, reaching €7.53 billion, according to data released by the Central Bank of Cyprus (CBC).

The increase in the assets of the IFs is mainly attributed to the rise in the value of shares and other related securities they hold, by approximately €264.6 million, bringing their total value to €5.55 billion.

According to the CBC's announcement, the number of Investment Funds decreased from 338 in December 2024 to 336 in March 2025, while their total assets recorded an increase of 2.3%, reaching €7,538.7 million in March 2025 compared to €7,369.5 million in December 2024.

It is noted that compared to March 2024, the total assets of the IFs increased by €750.1 million.

According to CBC data, their deposits and loans amounted to €837.8 million at the end of March 2025, compared to €834.7 million in December 2024.

In contrast, the value of the securities they held in March 2025 decreased to €604.2 million from €695.3 million last December.

(Source: CNA)

Read More

Eurobank revealed as the name of Eurobank Cyprus and Hellenic Bank’s new consolidated entity
Baker Tilly Cyprus issues its 2024 Transparency Report
ETYFA announces project management for Vasilikos terminal
Cyprus participates in European Space Agency Conference in Italy
Building permits down 24% y-o-y in January, with total value up 4.3%
President Christodoulides to meet with British Prime Minister in London
Exclusive Deloitte event celebrates tech startups
Kraken expands derivatives trading to EU with Cypriot license acquisition
ASBIS showcases AROS 24/7 Robo Café by ASBIS Robotic Solutions (video)
London event to repatriate Cypriot talent happening tonight