Change in date of announcement of 1H2018 FR

RNS Number : 5642Y

Bank of Cyprus Holdings PLC

22 August 2018

 

Announcement

Change in date of announcement of the Bank of Cyprus Group

Financial Results for the six months ended 30 June 2018

Nicosia, 22 August 2018

Further to its announcement on 13 August 2018, Bank of Cyprus Holdings Public Limited Company (the "Company") announces that it is changing the date on which its Board of Directors will convene to examine the financial results for the Bank of Cyprus Group (the "Group") for the six months ended 30 June 2018 to Monday 27 August 2018, as it seeks to finalise the terms and impact on its financial results of a structured solution for part of its non-performing loan book.

The Company confirms that the underlying performance in the second quarter, excluding the impact of any accelerated asset disposals, is broadly in line with its expectations and the positive actions delivered in the first quarter.

The financial results will be announced on Tuesday, 28 August 2018, before market opens, to the London Stock Exchange and the Cyprus Stock Exchange.

For further information, please contact Investor Relations at [e-mail].

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 4,396 staff worldwide. At 31 March 2018, the Group's Total Assets amounted to €23.4 bn and Total Equity was €2.3 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.

 

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