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Bank of Cyprus

Posted on August 7, 2020

Bank of Cyprus is a Cypriot financial services company established in 1899 and headquartered in Strovolos.

The Bank of Cyprus currently operates through a total of 108 branches/business offices, of which all operate in Cyprus. The group has representative offices in Romania (€33 million net exposure) Greece, (€309 million exposure) Russia, (€21 million net exposure)[3] Ukraine and China. It is the largest bank in Cyprus by market penetration, with 83% of Cypriots having active Bank of Cyprus accounts, representing a 60% share in total corporate accounts and a 40% share of the overall banking sector.

The shares of the bank are listed on the Cyprus Stock Exchange (CSE). The Bank is the largest listed company on the CSE in terms of market capitalization. Since October 8, 2007 the Bank of Cyprus has been part of the Cyprus 10 Index, which comprises the 10 largest companies in Cyprus. The Bank of Cyprus was also listed on the Athens Exchange since 2000 and had been part of the FTSE/Athex Large Cap index from 9 October 2006 until March 2013. However, in late 2016 it has announced plans to de-list from Athens on 9 January 2017 and list on the London Stock Exchange in January 2017.

Native name:                     Τράπεζα Κύπρου Δημόσια Εταιρεία Λίμιτεδ Kıbrıs Bankası

Type:                                     Public Company

Traded as:                           CSE: BOCY, LSE: BOCH

Industry:                              Banking, Financial services

Founded:                            1899

Headquarters:                   Strovolos, Nicosia, Cyprus

Products:

  • Retail and business banking
  • Credit cards
  • Mortgage loans
  • Corporate banking
  • Factoring
  • Insurance
  • Brokerage
  • Private banking
  • Wealth management
  • Investment management
  • Investment banking

Subsidiaries:       General Insurance Cyprus, EuroLife (Cyprus)

Website:              www.bankofcyprus.com

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