Cyprus households held financial assets worth €65.3 billion at the end of March 2026, while their outstanding debt stood at €20.1 billion, according to the Quarterly Financial Accounts published on Friday by the Central Bank of Cyprus.
The Central Bank said the household debt-to-GDP ratio rose marginally to 55% from the previous quarter. However, compared with December 2016, the ratio has fallen by 63%.
Cash, deposits and loans accounted for the largest share of households' financial assets, representing 53% of the total. Equities made up 26%, other financial assets accounted for 17%, and debt securities represented the remaining 4%.
Among non-financial corporations, financial assets totalled €79.6 billion at the end of March, while outstanding debt stood at €40 billion.
Investment categories
The sector's debt-to-GDP ratio increased slightly to 109% compared with the previous quarter. However, it has declined by 97% since December 2016.
The financial asset portfolio of non-financial corporations consisted of 22% cash and deposits, 5% loans, 0.5% debt securities, 39% equities and 33% other financial assets.
Within the financial sector, insurance companies held financial assets worth €6.1 billion, with the largest share invested in equities (45%), followed by debt securities (29%).
Investment funds reported financial assets of €7.6 billion, of which 80% was invested in equities. Pension funds held financial assets totalling €5 billion, with equities also representing their largest investment category at 55%.
Source: CNA
