The Central Bank of Cyprus (CBC) announced a substantial growth in the assets of investment institutions for the final quarter of 2024.
The assets increased by €573.8 million, 8.4 per cent, reaching €7.36 billion in December compared to €6.79 billion in September.
This significant rise was primarily fueled by an increase of approximately €497.7 million in investments in unlisted shares, which amounted to €2.77 billion.
During this period, the number of investment institutions saw a modest rise from 334 to 338. Among the various asset categories, listed shares were valued at €1.03 billion and investment shares or units at €1.47 billion by the end of December.
Additionally, the institutions’ deposits and loans experienced an uptick, standing at €834.7 million, up from €777.9 million in September.
The value of securities held by these institutions also showed growth, with a total of €695.3 million recorded in December, an increase from €596.5 million in the previous quarter.
