Investor Presentaiton
Comfortable liquidity position
Low-cost deposit-funded banking sector
• Steady deposit increases in the domestic base
reflecting the stronger domestic economy whilst
reduction recorded in non resident deposits due to
proactive risk mitigating practices by banks.
• The Liquidity Coverage Ratio more than double the
EU-average while the two largest banks report
comfortable Net Stable Funding Ratios.
Evolution in deposits, EUR bn
5,6
7,7
7,6
5,9
4,2
3,6
6,7
6,5
6,4
6,6
6,3
6,5
4,0
3,6
3.5
3.3
3,5
4,1
29,0
28,9
30,6
32,9
33,7
34,6
Liquidity
150%
100%
50%
90
Dec-16
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Liquidity Coverage Ratio (RHS)
Loan to Deposit ratio
Source: Central Bank of Cyprus, EBA; Note: LCR data not available in Jun-19
400%
300%
2014
2015
2016
2017
2018
8m-2019
■Residents-EUR Residents-FX Non Residents-EUR Non Residents-FX
Share of cash balance and liquid assets, % of assets
5%
200%
73%
100%
6%
54%
0%
10%
11%
16%
21%
Dec-14
Mar-19
Cash
Debt securities
■Loans
Other
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