Bank of Cyprus Holdings PLC Investor Presentation Announcement Prel FY2018 FR (7236R)
March 04 2019 - 03:17AM
UK Regulatory
TIDMBOCH
RNS Number : 7236R
Bank of Cyprus Holdings PLC
04 March 2019
Announcement
Investor Presentation for the
Group Preliminary Financial Results for the year ended 31
December 2018
Nicosia, 4 March 2019
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014
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
2018 (the 'Preliminary Results Announcement'), the Bank confirms
that it has uploaded an investor presentation (the 'Investor
Presentation') to its website 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 Results Announcement,
primarily relating to (i) NPE analysis (movements by segments
geography and customer type), (ii) rescheduled loans analysis,
(iii) details of historic restructuring activity including REMU
activity, (iv) analysis of new lending, (v) Income statement by
business line, (vi) UK operations analysis, (vii) NIM and interest
income analysis and (viii) 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 2017 and updated
in the Mid-Year Financial Report 2018. 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.
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 112 branches in Cyprus. Bank of
Cyprus also has representative offices in Russia, Ukraine and
China. The Bank of Cyprus Group employs 4,146 staff worldwide. At
31 December 2018, the Group's Total Assets amounted to EUR22.1 bn
and Total Equity was EUR2.4 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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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