Bank of Cyprus Holdings PLC 1H2019 Announcement for the Investor Presentation (2303K)
August 27 2019 - 2:02AM
UK Regulatory
TIDMBOCH
RNS Number : 2303K
Bank of Cyprus Holdings PLC
27 August 2019
Announcement
Investor Presentation of the
Group Financial Results for the six months ended 30 June
2019
Nicosia, 27 August 2019
Further to today's announcement by Bank of Cyprus Holdings
Public Limited Company (the 'Bank') of the financial results of the
Bank of Cyprus Group for the six months ended 30 June 2019 (the
'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 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) NIM and interest income analysis and (vii) 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 2018,
and updated in the Interim Financial Report 2019. 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 108 branches in Cyprus. Bank of
Cyprus also has representative offices in Russia, Ukraine and
China. The Bank of Cyprus Group employs 4,155 staff worldwide. At
30 June 2019, the Group's Total Assets amounted to EUR21.9 bn and
Total Equity was EUR2.5 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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