Bank of Cyprus Holdings PLC Preliminary Financial Results Presentation FY2017 (0488G)
February 27 2018 - 2:31AM
UK Regulatory
TIDMBOCH
RNS Number : 0488G
Bank of Cyprus Holdings PLC
27 February 2018
Announcement
Investor Presentation for the
Group Preliminary Financial Results for the year ended 31
December 2017
Nicosia, 27 February 2018
Further to today's announcement by Bank of Cyprus Holdings
Public Limited Company (the 'Bank') of the preliminary financial
results of the Bank of Cyprus Group for the year ended 31 December
2017 (the 'Preliminary Results Announcement'), the Bank confirms
that it has uploaded an investor presentation (the 'Investor
Presentation') to its website.
To view the Investor Presentation, please click on the following
link:
Presentation of Preliminary Financial Results Presentation for
the year ended 31 December 2017
Alternatively, you can view the Investor Presentation at:
www.bankofcyprus.com/Investor Relations
Important Notice Regarding Additional Information Contained in
the Investor Presentation
The Investor Presentation includes additional financial
information not presented within the Preliminary Results
Announcement, primarily relating to (i) NPE analysis (movements by
segments geography and customer type), (ii) 90+ DPD analysis and
90+ DPD ratios (by Geography, business line and economic activity),
(iii) reconciliations between 90+ DPD and NPEs for the Cyprus
operations, (iv) rescheduled loans analysis, (v) details of
historic restructuring activity including REMU activity, (vi)
analysis of new lending, (vii) Income statement by business line,
(viii) UK operations analysis, (ix) NIM and interest income
analysis and (x) Loan portfolio analysis in accordance with the
three-stages model for impairment of IFRS 9. 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 2016 and updated in the Mid-Year Financial
Report 2017. The Investor Presentation should be read in
conjunction with the information contained in the Preliminary
Results Announcement and neither the financial information in the
Preliminary 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.
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. The Bank of Cyprus
Group operates through a total of 123 branches, of which 121
operate in Cyprus, 1 in Romania and 1 in the United Kingdom. Bank
of Cyprus also has representative offices in Russia, Ukraine and
China. The Bank of Cyprus Group employs 4,355 staff worldwide. At
31 December 2017, the Group's Total Assets amounted to EUR23.6 bn
and Total Equity was EUR2.6 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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