More investment institutions, less assets

The number of investment organizations in Cyprus is increasing, while their assets are decreasing, according to data announced today.

The Central Bank of Cyprus has today published the statistics of investment organizations with a reference month of September 2024.

The number of investment funds increased from 330 in June 2024 to 334 in September 2024, while their total assets decreased by 0.8% to €6,795.7 million in September 2024, compared to €6,848.7 million . in June 2024.

According to the CBC data, in relation to the assets of investment organizations, their deposits and loans amounted to €777.9 million at the end of September 2024, from €784.7 million in June 2024.

The value of the bonds they held in September 2024 amounted to €596.5 million, up from €596.8 million last June.

Also, the shares and related other securities they held amounted to €4.90 billion from €4.94 billion in June 2024.

Source: stockwatch.com.cy

Photo: stockwatch.com.cy