Investor Presentaiton
F. Definitions & Explanations
Advisory and other
restructuring costs
Allowance for
expected loan credit
losses (previously
'Accumulated
provisions')
AT1
Basic earnings after
tax and before non-
recurring items per
share (attributable to
the owners of the
Company)
Carbon neutral
CET1 capital ratio
(transitional basis)
CET1 fully loaded (FL)
ratio
Cost to Income ratio
Data from the
Statistical Service
Digital transactions
ratio
Digitally engaged
customers ratio
ECB
Comprise mainly (a) fees of external advisors in relation to: (i) disposal of operations and non-
core assets, and (ii) customer loan restructuring activities, and (b) the cost of the tender offer
for the T2 Capital Notes, where applicable.
Comprises (i) allowance for expected credit losses (ECL) on loans and advances to customers
(including allowance for expected credit losses on loans and advances to customers held for
sale), (ii) the residual fair value adjustment on initial recognition of loans and advances to
customers (including residual fair value adjustment on initial recognition on loans and
advances to customers classified as held for sale), (iii) allowance for expected credit losses
for off-balance sheet exposures (financial guarantees and commitments) disclosed on the
balance sheet within other liabilities, and (iv) the aggregate fair value adjustment on loans and
advances to customers classified and measured at FVPL.
AT1 (Additional Tier 1) is defined in accordance with the Capital Requirements Regulation
(EU) No 575/2013, as amended by CRR II applicable as at the reporting date.
Basic earnings after tax and before non-recurring items per share (attributable to the owners
of the Company) is the Profit/(loss) after tax and before non-recurring items (as defined below)
(attributable to the owners of the Company) divided by the weighted average number of shares
in issue during the period, excluding treasury shares.
The reduction and balancing (through a combination of offsetting investments or emission
credits) of greenhouse gas emissions from own operations.
CET1 capital ratio (transitional basis) is defined in accordance with the Capital Requirements
Regulation (EU) No 575/2013, as amended by CRR II applicable as at the reporting date.
The CET1 fully loaded (FL) ratio is defined in accordance with the Capital Requirements
Regulation (EU) No 575/2013, as amended by CRR II applicable as at the reporting date.
Cost-to-income ratio comprises total expenses (as defined) divided by total income (as
defined).
The latest data from the Statistical Service of the Republic of Cyprus, Cyprus Statistical
Service, was published on 14 February 2023.
This is the ratio of the number of digital transactions performed by individuals and legal entity
customers to the total number of transactions. Transactions include deposits, withdrawals,
internal and external transfers. Digital channels include mobile, browser and ATMs.
This is the ratio of digitally engaged individual customers to the total number of individual
customers. Digitally engaged customers are the individuals who use the digital channels of the
Bank (mobile banking app, browser and ATMs) to perform banking transactions, as well as
digital enablers such as a bank-issued card to perform online card purchases, based on an
internally developed scorecard.
European Central Bank
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