Nicosia, Cyprus. Early findings from the Financial Wellbeing Index 2025 show that only four in 10 women in Cyprus have enough money to cover an emergency without borrowing, and only one in four has made additional retirement plans.
Findings presented at high-level event
The findings were presented at a high-level event organised by the Financial Wellbeing Institute, which brought together government officials, regulators, the private sector and civil society to discuss women’s financial wellbeing.
Financial wellbeing framed as a public policy issue
Speakers said women’s financial wellbeing is not only a matter of personal finance, but a public policy issue linked to social cohesion, economic resilience and the country’s long-term financial security.
Persistent gaps highlighted by index
The index, implemented by the Financial Wellbeing Institute with Mastercard as key strategic partner, pointed to persistent gaps in women’s financial lives.
According to the early findings, only four in 10 women can cover an emergency without borrowing, significantly fewer than men, and fewer than four in 10 can cover basic expenses for three months.
Retirement planning shows widest gender gap
The largest gender gap was recorded in retirement planning, with only one in four women having made additional retirement plans.
Gaps in financial knowledge
The index also found a significant gap in financial knowledge, particularly in investments, bonds and risk management, with around one in two women showing insufficient knowledge in these areas.
Full results expected next month
The full results are expected to be announced next month.
Institute president comments
Presenting the findings, Financial Wellbeing Institute president Panayiotis Andreou said the gap should not be framed as a question of women’s ability, but as the result of wider structural conditions.
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