CSE (BOCH/ΤΡΚΗ) 3.300 -0.030
Last updated 17:20
LSE (BOCH) 3.280 0.010
Last updated 17:14

Our Investment Case

We continue to deliver on our strategic objectives of becoming a stronger, more focused institution capable of further supporting the recovery of Cyprus and capable of delivering appropriate shareholder returns over the medium term

Reducing Risk

Systematic reduction of problem loans

90+ DPD provision coverage boosted to 54,4%

Fast Normalising Funding Structure

ELA funding fully repaid

Customer deposits increased by €867mn to 74,5% of total assets in FY2016

Strong Capital Position

CET 1 ratio (transitional) of 14,5% as at 31 December 2016

Compares favourably with European peers


Strong Franchise in a Recovering Economy

Significant and growing market shares in loans and deposits in Cyprus