Covered Bond Announcement

RNS Number : 6371Q

Bank of Cyprus Holdings PLC

07 June 2018

 

Announcement

Nicosia, 7 June 2018

 Bank of Cyprus Holdings Public Limited Company announces that Bank of Cyprus Public Company Limited (the 'Bank') has proceeded with an amendment of the final terms in respect of the €650 mn Series 2 Floating Rate Covered Bonds (ISIN: XS0718673311) secured by residential mortgages originated in Cyprus, which the Bank has in issue. All the bonds are held by the Bank.

The amended terms can be found on the Bank's website www.bankofcyprus.com (Investor Relations).

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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