Bank of Cyprus posts €50 mln half-year profit
The Bank of Cyprus on Wednesday released its financial results for the first half of 2022, posting a profit after tax of €50 million, marking...
Bank of Cyprus
Bank of Cyprus largely saved the economy after 1974
By Evdokimos Xenophontos In 1974 foreign banks were totally unwilling to participate in financing the Cyprus economy. It was up to the banking authorities, the...
Bank of Cyprus ‘at mercy’ of private equity firm
Government rushes to pass bill to prevent takeover of systemic bank The government is faced with a race against time to ensure it has the...
Bank of Cyprus ‘unequivocally’ rejects Lone Star’s takeover proposal (Updated)
Bank of Cyprus (BoC) said on Friday it had received and unanimously rejected “unequivocally” three unsolicited, conditional, non-binding proposals from Lone Star relating to a...
S&P affirms Bank of Cyprus at B+/B with a positive outlook
International rating agency S&P Global Ratings this week announced that it has affirmed its ‘B+/B’ long- and short-term issuer credit ratings for the Bank of...
Bank of Cyprus announces voluntary retirement scheme
The Bank of Cyprus on Monday announced that it will implement a voluntary retirement scheme that will seek to reduce its staff by 15 per...
Bank of Cyprus: The role of Cyprus’ largest financial institution in the country’s economy and society
Eliza Livadiotou, Executive Director Finance and Legacy at Bank of Cyprus, speaks exclusively with Cyprus 4.0 about the bank’s history, achievements, sustainability strategy, and significant...
BoC depositors see claim for compensation thrown out of court
A court has thrown out a lawsuit by depositors of Bank of Cyprus seeking compensation for the 2013 bail-in, where almost half of their uninsured...
BoC defends closure of Dherynia branch
Bank of Cyprus’ Dherynia branch is closing in July due to concerns over profitability, safety and operating costs, while increasing digitalisation and online services are...
Bank of Cyprus posts €21 mln first-quarter profit
The Bank of Cyprus on Thursday announced that it recorded a profit after tax of €21 million during the first quarter of 2022, €13 million...
