Listing of the Group’s share on the Athens Exchange. Establishment of Bank of Cyprus Australia and operation of its first branches. Electronic banking introduced to provide alternative service channels (internet, telephone, WAP).
Bank of Cyprus Factors starts providing factoring services in Greece.
Merger of Bank of Cyprus (London) and the UK branch of Bank of Cyprus.
Merger of the operations of Bank of Cyprus Factors and Bank of Cyprus Finance Corporation with Bank of Cyprus. 100th branch opened in Greece.
Commencement of leasing operations in Romania through the establishment of the leasing subsidiary Cyprus Leasing (Romania).
Banking services commenced in Romania and Russia.
Commencement of banking services in Ukraine through the acquisition of AvtoZAZbank. Acquisition of 80% of Uniastrum Bank in Russia and expansion into the retail banking sector of the local market.
Commencement of the establishment of a Representative Office in India and a banking unit in the Emirate of Dubai.
Sale of Bank of Cyprus Australia Ltd.
Applied to the Republic of Cyprus for capital support.