Central Bank of Cyprus report reveals widening gap between household and corporate finances

A new statistical bulletin from the Central Bank of Cyprus (CBC) reveals a significant economic dichotomy in the country as of March 2026. While households remain financially resilient, with assets exceeding liabilities by €40.1 billion, non-financial companies face a growing net deficit that has expanded to €58.6 billion. This corporate deficit has increased by €14.8 billion over the last five years, rising from €43.8 billion in 2021.

Key data shows that corporate liabilities reached €138.2 billion against only €79.6 billion in financial assets. Conversely, households hold €65.3 billion in financial assets against €25.2 billion in liabilities. Household cash and deposits have shown steady growth, reaching €34.8 billion in March 2026, up from €29.6 billion in 2020. The report also highlights that Cyprus holds €73.2 billion in foreign securities, including €24.8 billion in the eurozone and €6.1 billion in the U.S. Meanwhile, foreign investors hold €22.6 billion in Cypriot securities, with investors from the eurozone and the U.S. accounting for €1.3 billion and €193 million respectively.

The findings underscore a business sector characterized by high leverage and dependency on external capital, creating a stark contrast to the liquidity held by private citizens. No further administrative or legal actions were cited in the report.