Central Bank of Cyprus reports on quarterly financial accounts as of June 2026

On October 30, 2026, the Central Bank of Cyprus (CBC) released its "Quarterly Financial Accounts" report, detailing the financial position of the economy for the period ending in June 2026. The data highlights that the combined debt of households and non-financial corporations reached €61.7 billion by the end of the second quarter.

Specifically, household debt amounted to €20 billion, representing 53% of the GDP. This figure reflects a marginal quarterly decrease and a significant 65% reduction compared to December 2016 levels. Meanwhile, the debt of non-financial corporations stood at €41.7 billion. The report also provides a breakdown of financial assets, noting that households held €67.1 billion in assets, primarily in cash and deposits (54%), shares (25%), and other instruments. Non-financial corporations reported assets totaling €77.9 billion, largely distributed among shares (37%), cash and deposits (24%), and other financial elements (33%).

These findings serve as an official assessment of the private sector's financial health, illustrating a long-term deleveraging trend since 2016. The report encompasses data from various financial institutions, including insurance companies and pension funds, to provide a comprehensive overview of the national economic landscape.