By Stelios Orphanides
The Central Bank of Cyprus said that the value of total assets held by investment companies rose a quarterly 2.1 per cent at the end of the first quarter and fell an annual 0.4 per cent to €2.7bn.
Shares and equity made up €2.1bn of the total assets, while other securities amounted to €178.1m, the central bank said in a statement on its website on Wednesday. Deposits and loans were €216.6m.
The value of non-financial assets including fixed assets stood at €76.3m while that of remaining assets including derivatives was €105.2m, the supervisory authority said.