Bank of Cyprus presents financial results to London-based investors
The achievement a year early of the target to bring the NPL ratio down to single digits, combined with the return to profitability, allows the...
BOC
Bank of Cyprus posts €30 million annual profit
The Bank of Cyprus posted an after-tax profit of €30 million and a profit after tax and before non-recurring items of €91 million in its...
Bank of Cyprus outlook revised to positive by Fitch Ratings
American credit rating agency Fitch Ratings announced on Wednesday that it has revised the Bank of Cyprus’ outlook to positive from negative, while at the...
BoC to announce first-quarter results on May 26
Bank of Cyprus Holdings Public Limited Company announced on Thursday that its board of directors would convene on Monday, May 25 to examine the financial...
Bank of Cyprus ready to support the economy, says CEO
Being the largest financial institution in the country, Bank of Cyprus must and will continue to support Cyprus’ economy in the midst of the emerging crisis...
BoC exceeds 400 target for voluntary redundancies
More than 400 employees of the Bank of Cyprus have opted for the voluntary exit scheme offered by the lender, reports said on Friday. A...
BoC staff offered up to €200,000 tax-free in latest voluntary redundancy scheme
Bank of Cyprus on Friday unveiled its fourth voluntary retirement scheme since 2013 offering staff up to €200,000 tax-free with the aim of shedding 400...
Former BoC exec asks for acquittal, citing right to a fair trial
A former Bank of Cyprus executive asked the Nicosia criminal court on Thursday to acquit him of all charges on the grounds that his right...
BoC looking at more automation, cost-cutting, bank tells staff
Shifting to an increasingly automated environment, reduced red tape, and simplified processes created opportunities for cutting labour cost, an issue that the Bank of Cyprus...
Fitch downgrades BoC’s Senior Unsecured Debt Rating
Fitch Ratings said that it had downgraded Bank of Cyprus `long-term senior unsecured debt rating to `CCC` from `B-` and Recovery Rating to `RR6` from...
