Continued Wins against Financial Crime

The Bank of Cyprus applies a robust Financial Crime & Sanctions Compliance Framework, following the highest international standards.

This strict framework had the following impact (results as at 31 December 2023):

Since 2014:

  • Termination of relationships with professional intermediaries introducing customers to the Bank

Since 2015:

  • Termination / suspension of 34.803 customer relationships solely on compliance financial crime reasons, corresponding to over €11,4 billion of turnover and yearly net profitability of €36,3 million.
  • Rejection of 14.473 potential new customer relationships


Cyprus: Continued wins against financial crime

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