Foreign bank assets among total bank assets (%) in Cyprus
Cyprus: Foreign bank assets among total bank assets (%) was 12.0% in 2010. ▼ Falling
Foreign bank assets among total bank assets in Cyprus, 2005–2010
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign bank assets among total bank assets in Cyprus is 12.0%, measured in 2010. That is the lowest value across all 6 years on record.
That represents a change of down 36.8% on the previous year and down 47.8% over ten years.
Cyprus ranks 89th of 128 countries on this measure, in the middle of the range.
Foreign bank assets among total bank assets (%) in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 23.0% | — |
| 2006 | 22.0% | -4.3% |
| 2007 | 22.0% | +0.0% |
| 2008 | 23.0% | +4.5% |
| 2009 | 19.0% | -17.4% |
| 2010 | 12.0% | -36.8% |
Cyprus compared with similar countries
- Cyprus's 12.0% is below the median for high income countries, which is 23.0%, 52% of the median. (51 countries reporting)
- Cyprus's 12.0% is below the median for Europe & Central Asia, which is 29.5%, 41% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.8% | 19.0% | 23.0% | 5 |
| 2010s | 12.0% | 12.0% | 12.0% | 1 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is foreign bank assets among total bank assets in Cyprus?
- Foreign bank assets among total bank assets in Cyprus was 12.0% in 2010, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Cyprus?
- The highest recorded value was 23.0% in 2005.
- What is the lowest foreign bank assets among total bank assets recorded in Cyprus?
- The lowest recorded value was 12.0% in 2010.
- How does Cyprus rank for foreign bank assets among total bank assets?
- Cyprus ranks 89th out of 128 countries with data for 2010.
- Is foreign bank assets among total bank assets rising or falling in Cyprus?
- Over the last ten years it is down 47.8%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.