S&P expects improved efficiency and profitability for Bank of Cyprus
International credit rating agency S&P Global Ratings (S&P) on Wednesday upgraded the Bank of Cyprus and revised its outlook from stable to positive, citing the...
BOC
BoC, first bank in Cyprus and Greece to receive ECB’s approval to pay dividends
The Bank of Cyprus has become the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends,...
Bank of Cyprus named best private bank in Cyprus for seventh time
The Bank of Cyprus has once again been recognised as the best bank in Cyprus for 2023 in Private Banking, marking the seventh time the...
Bank of Cyprus releases Pillar 3 Disclosures
The Bank of Cyprus released its Pillar 3 Disclosures on Wednesday, April 5, which contained forward-looking statements regarding the group’s future financial condition, performance, and...
Bank of Cyprus detects and foils attempts at unauthorised transactions
The Bank of Cyprus on Saturday released a statement saying that it has detected numerous attempts to carry out unauthorised transactions, through cards of various...
Bank of Cyprus posts €71 mln profit for 2022; lays foundation for dividends
The Bank of Cyprus on Monday released its preliminary financial results for 2022, posting a profit after tax of €71 million for the entire year,...
Nicolaou’s stint at the helm of BoC extended until 2026
Panicos Nicolaou’s term in office as Chief Executive Officer (Ceo) of the Bank of Cyprus has been extended for another 4 years. During meetings on...
Fitch upgrades BoC citing NPE reduction, Cypriot economy resilience
Global ratings agency Fitch this week announced that it has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B-‘ and...
Lone Star will not submit new bid for Bank of Cyprus (updated)
Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is not intending to submit a...
Bank of Cyprus bid makes case for lender buyouts
By Liam Proud Banks usually make for tricky private equity targets. Turnoffs include demanding regulators and high leverage, which stops buyers from piling on further...
