According to the CB data, total deposits of investment funds stood at the end of the last quarter of 2015 at €216.7 million and their loans at €26.1 million, compared with €216.1 million deposits and €28.9 million at the end of the previous quarter.
In total, 73 investment funds submitted data to the Central Bank for the last quarter of 2015 as opposed to 67 at the end of September 2015.
In December 2014 total assets of the 83 investment funds which had submitted data came to €2,551.2 million.
Source: Famagusta Gazette
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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