Central Bank Of Cyprus Alerts Public To Forged Payment Letter

by THEFUTURE.TEAM

October 8, 2025

Overview Of The Incident

The Central Bank Of Cyprus (CBC) has issued a formal alert regarding a counterfeit letter discovered with its insignia. The document, which falsely demanded a monetary payment from a citizen, has been confirmed as fraudulent. The bank emphasized that this communication did not originate from its official channels.

Official Response And Investigation

In a decisive statement, the CBC clarified that it never solicits funds directly from individual citizens. The matter has already been reported to relevant authorities and is under active investigation. The bank urged the public to exercise caution and advised that any receipt of similar documents should prompt immediate contact with local police and notification of the CBC.

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Parallel Warnings From Regulatory Bodies

In a similar vein, the Cyprus Securities And Exchange Commission (CySEC) recently cautioned investors about fraudulent electronic communications. These deceptive emails impersonate the regulator by offering services such as fund releases or trading certificates for a fee. Like the CBC, CySEC reiterated that it does not request payments from individual investors, urging both licensed entities and the public to verify that official emails end with @cysec.gov.cy and to report any suspicious encounters without delay.

Conclusion

This incident serves as a stark reminder that even reputable institutions can be misrepresented through fraudulent channels. Stakeholders and citizens are encouraged to remain vigilant and rely solely on official communications to avoid falling prey to such scams.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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