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Cyprus investment organisations’ assets rise to €6.85 billion in June

Cyprus investment organisations’ assets rise to €6.85 billion in June

The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC).

The central bank’s report showed that the total assets of investment organisations reached €6.85 billion by June 2024, up from €6.79 billion in March 2024.

Breaking down the figures, €784.7 million were held in deposits and loans, €596.8 million in debt securities, as well as €4.94 billion in shares and related securities.
In addition, €362.1 million were found in money market instruments, while €160.6 million were classed as being in other assets.

Finally, the CBC reported that the number of investment organisations also saw a slight increase, rising from 328 in March 2024 to 330 by June 2024.

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