REG - Bank of Cyprus Hldgs - Doc re. (Investor Presentation Update)

Bank of Cyprus HoldingsAnnouncement

08/06/2023 09:15

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RNS Number : 0988C  Bank of Cyprus Holdings PLC  08 June 2023

 
 

Announcement

Investor Presentation Update

 

Nicosia, 8 June 2023

 

Further to today's announcement for the Investor Update Event (the
'Announcement') by Bank of Cyprus Holdings Public Limited Company (the
'Company'), the Company confirms that it has uploaded an investor presentation
(the 'Investor Update Presentation') to its website www.bankofcyprus.com
(http://www.bankofcyprus.com)  (Group/Investor Relations).

 

Important Notice Regarding Additional Information Contained in the Investor
Update Presentation

 

The Investor Update Presentation includes additional financial information not
presented within the Announcement, primarily relating to (i) the Company's
strategic pillars (ii) overview of the financial performance and strategy of
the business lines and card payment solutions business (iii) details of the
business model and strategy of life and non-life insurance companies and (iv)
analysis of the business model of the Group's digital transformation and
digital economy platform (namely 'Jinius').

 

Moreover, the Investor Update Presentation includes additional financial
information not presented within the Announcement of current and expected
levels for (i) growth of new lending (ii) ratio of fixed income portfolio to
total assets (iii) growth of net fee and commission income (iv) growth of
insurance business (v) ratio of non-interest income to total operating
expenses and (vi) REMU stock evolution.

 

Except in relation to any non-IFRS measure, the financial information
contained in the Investor Update Presentation has been prepared in accordance
with the Group's significant accounting policies as described in the Group's
Annual Financial Report 2022.

 

The Investor Update Presentation should be read in conjunction with the
information contained in the Announcement and neither the financial
information in the Announcement nor in the Investor Update Presentation
constitutes statutory financial statements prepared in accordance with
International Financial Reporting Standards.

 

For further information, please contact Investor Relations at
investors@bankofcyprus.com (mailto:investors@bankofcyprus.com) .

 

 

 

Group Profile

 

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. At 31
March 2023, the Bank of Cyprus Group operated through a total of 64 branches
in Cyprus, of which 4 operated as cash offices. The Bank of Cyprus Group
employed 2,883 staff worldwide. At 31 March 2023, the Group's Total Assets
amounted to €25.4 bn and Total Equity was €2.1 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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