financial success growth

Bank of Cyprus Achieves Remarkable Financial Success in 2023

In 2023, the Bank of Cyprus saw remarkable financial success with an aftertax profit of €487 million, significant Net Interest Income increase, and a strong Return on Tangible Equity of 24.8 percent. NonPerforming Exposure remained stable at 3.6 percent, showcasing the bank’s solid liquidity and capital strength with CET1 and Total Capital ratios at 16.5 percent and 21.5 percent, respectively.