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e key elements arising from Eurobank Cyprus’ Financial Results for the 1st half of 2022.Eurobank Cyprus posted a €37.2mln after-tax profit in the first h. lf of the year, a rise of 54%, or €13.1mln, compared with the respective period of 2021.Effective management of operating costs combined with an improvement in operating profits helped ...
Eurobank Cyprus Financial Results for the six months ended 30 June 2022. Strategically the business model of Eurobank Cyprus is based on five pillars: • Corporate and Investment Banking for local and foreign entities. • Wealth Management for High Net Worth Individuals, local and foreign.
Eurobank Cyprus Ltd (Eurobank Cyprus) managed to demonstrate satisfactory financial performance in 2022, despite the effects of the Russia-Ukraine war, disruptions in the supply chains and rising inflation in the local as well as the global economy. Costs, including cost of risk and asset quality, were maintained within the bank’s expectations.
Aug 2, 2023 · Furthermore, Eurobank Cyprus’ profitability for the first half of this year is close to the bank’s profit for the full year 2022 which amounted to €94.3 million. In a bid to control soaring inflation, the ECB has embarked on a monetary tightening cycle imposing nine rake hikes in 12 months, with Cypriot banks benefiting due to their large liquidity held at the ECB.
Η Eurobank Cyprus Ltd (Eurobank Κύπρου) είναι κυπριακή εταιρεία που ιδρύθηκε το 2007, λειτουργεί αυτόνομα και διέπεται από όλους τους νόμους και κανονισμούς της Κυπριακής Δημοκρατίας. 30.6.2022 6 μήνες €’εκ.
Aug 2, 2023 · Eurobank Cyprus also demonstrated robust capital strength, with Capital Adequacy and Common Equity Tier 1 (CET1) ratios standing strong at 29.9 per cent during the first half of 2023.
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Aug 2, 2023 · Eurobank Cyprus’s Financial Results for the first half of 2023 showed strong capital adequacy and liquidity, a very good quality of the Bank’s loan portfolio and an improved Cost-to-Income Ratio. The Bank’s net profit after tax was €90.8m, growing by €53.6 or 144% compared with the same period last year.
