Nicosia: 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 on Friday by the Central Bank of Cyprus (CBC).
According to Cyprus News Agency, the CBC reported that the household debt-to-GDP ratio was 55%, marking a marginal increase compared with the previous quarter. However, compared with December 2016, the ratio has declined significantly by 63%. Of the 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.