Investor Presentaiton
Group Financial Results for the year ended 31 December 2020
€109 mn organic NPE outflows in 4Q2020, leading to €85 mn organic NPE reduction
Net organic
outflows (€ mn)
-142
Inflows (€ mn)
New inflows
Redefaults
Unlikely to pay
Outflows (mn)
16
9 34
-137
-208
8
6
651
00000000000
1Q2020
2Q2020
3Q2020
-85
•
24
.
22
•
4Q2020
Curing of restructuring
-59
-42
-40
-23.
DFAS & DFES
-5
E-17:
-20:
-82
-71
-84
Write-offs
Other/
-23
-150
-158
-133
-214
-499
Helix 2 Portfolio B
Sales of NPES
1)
Other includes interest, cash collections and changes in balances
Bank of Cyprus Holdings
-608
-886
Helix 2 Portfolio A
SPA Signed
-1,164
SPA Signed
•
€22 mn marked as UTP in 4Q2020, arising from
the completion of campaign review of the loans
under payment deferrals until Dec 2020
Organic NPE reduction of €0.6 bn for FY2020
Additionally there were €67 mn NPE reduction
relating to NPE sales lockbox (3Q2020: €22 mn)
NPE sales reduce NPEs further by €1.5 bn
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