Bank of Cyprus Holdings PLC Doc re. (1?2020 Investor Presentation) (4362X)
28 August 2020 - 4:05PM
UK Regulatory
TIDMBOCH
RNS Number : 4362X
Bank of Cyprus Holdings PLC
28 August 2020
Announ cement
Investor Presentation of the
Group Financial Results for the six months ended 30 June 2020
Nicosia, 28 August 2020
Further to today's announcement by Bank of Cyprus Holdings
Public Limited Company (the 'Bank') of the financial results of the
Bank of Cyprus Group for the six months ended 30 June 2020 (the
'Results Announcement'), the Bank confirms that it has uploaded an
investor presentation (the 'Investor Presentation') to its website
www.bankofcyprus.com (Investor Relations).
Important Notice Regarding Additional Information Contained in
the Investor Presentation
The Investor Presentation includes additional financial
information not presented within the Results Announcement,
primarily relating to (i) NPE analysis (movements by segments and
customer type), (ii) rescheduled loans analysis, (iii) details of
historic restructuring activity including REMU activity, (iv)
analysis of new lending, (v) Income statement by business line,
(vi) NIM and interest income analysis and (vii) Loan portfolio
analysis in accordance with the three-stages model for impairment
of IFRS 9. Except in relation to any non-IFRS measure, the
financial information contained in the Investor Presentation has
been prepared in accordance with the Group's significant accounting
policies as described in the Group's Annual Financial Report 2019
and updated in the Interim Financial Report 2020. The Investor
Presentation should be read in conjunction with the information
contained in the Results Announcement and neither the financial
information in the Results Announcement nor in the Investor
Presentation constitutes statutory financial statements prepared in
accordance with International Financial Reporting Standards.
For further information, please contact Investor Relations at
investors@bankofcyprus.com .
Group Prof i le
The Bank of Cyprus Group is the leading banking and financial
services group in Cyprus, providing a wide range of financial
products and services which include retail and commercial banking,
finance, factoring, investment banking, brokerage, fund management,
private banking, life and general insurance. The Bank of Cyprus
Group operates through a total of 98 branches in Cyprus, of which
14 operate as cash offices. Bank of Cyprus also has representative
offices in Russia, Ukraine and China. The Bank of Cyprus Group
employs 3,579 staff worldwide. At 30 June 2020, the Group's Total
Assets amounted to EUR21.4 bn and Total Equity was EUR2.1 bn. The
Bank of Cyprus Group comprises Bank of Cyprus Holdings Public
Limited Company, its subsidiary Bank of Cyprus Public Company
Limited and its subsidiaries.
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