REG - Bank of Cyprus Hldgs - Doc re. (Prelim FY2023 Investor Presentation)

Bank of Cyprus HoldingsAnnouncement

19/02/2024 07:15

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RNS Number : 5824D  Bank of Cyprus Holdings PLC  19 February 2024

 
 

Announcement
 

 

Investor Presentation of the Group Preliminary Financial Results

for the year ended 31 December 2023

 

Nicosia, 19 February 2024

 

 

 

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
December 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 2,830 staff worldwide. At 31 December 2023, the Group's Total
Assets amounted to €26.6 bn and Total Equity was €2.5 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.

Further to today's announcement by Bank of Cyprus Holdings Public Limited
Company (the 'Company') of the preliminary financial results of the Bank of
Cyprus Group for the year ended 31 December 2023 (the 'Results Announcement'),
the Company confirms that it has uploaded an investor presentation (the
'Investor Presentation') to its website www.bankofcyprus.com
(http://www.bankofcyprus.com)  (Group/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) income statement by business line, (v) NIM and interest income
analysis, (vi) net interest income sensitivities, (vii) loan portfolio
analysis in accordance with the three-stages model for impairment of IFRS 9,
(viii) fixed income portfolio per issuer type and (ix) income statement of
insurance and payment solutions business.

 

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 2022 and as updated in the Interim Financial Report 2023.

 

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 (mailto:investors@bankofcyprus.com) .

 

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