Nicosia, Cyprus. The Central Bank of Cyprus (CBC) published its latest balance sheet showing total assets of €29.545 billion, unchanged from total liabilities. The statement reflects the institution’s position within the Eurosystem at the end of the month.
Balance sheet publication
The balance sheet was released under the signature of Governor Christodoulos Patsalides and outlines the composition of the bank’s assets and liabilities as part of the Eurosystem framework.
Gold and foreign currency claims
On the asset side, gold and gold receivables stood at €1.635 billion. Claims on non-euro area residents denominated in foreign currency amounted to €1.099 billion, while claims on euro area residents denominated in foreign currency totalled €30.474 million.
Euro-denominated external claims
Claims on non-euro area residents denominated in euro reached €608.540 million.
Credit institutions and securities holdings
Lending to euro area credit institutions related to monetary policy operations denominated in euro remained at zero at the end of January. Other claims on euro area credit institutions denominated in euro stood at €10,000.
The largest asset category after intra-Eurosystem balances was securities of euro area residents denominated in euro, totalling €6.587 billion.
Intra-Eurosystem claims and other assets
General government debt denominated in euro remained at zero. Intra-Eurosystem claims amounted to €19.438 billion, representing the largest single asset item on the CBC’s balance sheet.
Items in the course of settlement on the asset side stood at €1.738 million, while other assets were recorded at €145.605 million.
Which balance sheet item do you consider most significant for assessing the CBC’s position within the Eurosystem?