Cyprus: Foreign bank assets
* indicates monthly or quarterly data series
| Cyprus |
Foreign bank assets as percent of the total bank assets |
|---|---|
| Latest value | 12.00 |
| Year | 2010 |
| Measure | percent of total bank assets |
| Data availability | 2005 - 2010 |
| Average | 20.17 |
| Min - Max | 12.00 - 23.00 |
| Source | Global Financial Development Database |
The latest value from 2010 is 12 percent of total bank assets, a decline from 19 percent of total bank assets in 2009. In comparison, the world average is 38.52 percent of total bank assets, based on data from 128 countries. Historically, the average for Cyprus from 2005 to 2010 is 20.17 percent of total bank assets. The minimum value, 12 percent of total bank assets, was reached in 2010 while the maximum of 23 percent of total bank assets was recorded in 2005.
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* indicates monthly or quarterly data series
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Definition: 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.
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