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

Overall NPEs reduced by 49% since December 2014

NPE provision coverage at 52% (including IFRS 9 First Time Adoption)

Strong Liquidity

Cyprus deposits increased by 2.2% qoq to €16.9 bn in 3Q2018

Full liquidity compliance (Group: LCR at 220%, NSFR 117%; Bank: LCR including local add-on at 162%)

Capital Position

Total capital ratio at 13.4%

Capital ratios are in excess of regulatory requirements

Strong Franchise in a Recovering Economy

Strong market shares in Cyprus

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