Bank of Cyprus Holdings PLC Pillar 3 Disclosures for the year 2018 (9946U)
April 03 2019 - 5:32AM
UK Regulatory
TIDMBOCH
RNS Number : 9946U
Bank of Cyprus Holdings PLC
03 April 2019
Announcement
Pillar 3 Disclosures for the year ended 31 December 2018
Nicosia, 3 April 2019
Bank of Cyprus Holdings Public Limited Company (the "Company" or
"BOC Holdings" and, together with its subsidiary, Bank of Cyprus
Public Company Limited (the "Bank"), and the Bank's subsidiaries,
the "Group"), announces today the publication of its Pillar 3
Disclosures for the year ended 31 December 2018 (the "Pillar 3
Report").
A copy of the Pillar 3 Report will be submitted to the National
Storage Mechanism and will be available for inspection at
http://www.morningstar.co.uk/uk/NSM.
The Pillar 3 Report is also available on the Group's website
www.bankofcyprus.com (Investor Relations).
For further information, please contact Investor Relations at
investors@bankofcyprus.com.
Forward Looking Statements
This document contains certain forward-looking statements which
can usually be identified by terms used such as "expect", "should
be", "will be" and similar expressions or variations thereof or
their negative variations, but their absence does not mean that a
statement is not forward-looking. Examples of forward-looking
statements include, but are not limited to, statements relating to
the Group's near term and longer term future capital requirements
and ratios, intentions, beliefs or current expectations and
projections about the Group's future results of operations,
financial condition, expected impairment charges, the level of the
Group's assets, liquidity, performance, prospects, anticipated
growth, provisions, impairments, business strategies and
opportunities. By their nature, forward-looking statements involve
risk and uncertainty because they relate to events, and depend upon
circumstances, that will or may occur in the future. Factors that
could cause actual business, strategy and/or results to differ
materially from the plans, objectives, expectations, estimates and
intentions expressed in such forward-looking statements made by the
Group include, but are not limited to: general economic and
political conditions in Cyprus and other European Union (EU) Member
States, interest rate and foreign exchange fluctuations,
legislative, fiscal and regulatory developments and information
technology, litigation and other operational risks. Should any one
or more of these or other factors materialise, or should any
underlying assumptions prove to be incorrect, the actual results or
events could differ materially from those currently being
anticipated as reflected in such forward looking statements. The
forward-looking statements made in this document are only
applicable as from the date of publication of this document. Except
as required by any applicable law or regulation, the Group
expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward looking statement
contained in this document to reflect any change in the Group's
expectations or any change in events, conditions or circumstances
on which any statement is based.
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 108 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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