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Investor Presentaiton

Solid capital base International investors hold majority of shareholding and board composition in systemic banks. Since 2013 the banks' capital position has been consistently strengthened, due to increase in common equity and deleveraging, resulting in key ratios of systemic banks to be above the thresholds specified by the supervisor. Aggregate banking sector capital position, % 20 20 15 16,6 17 16,3 17,5 15,3 13,5 10 7,3 15,9 16,1 14,2 14,9 15,0 11,7 5 4,5 0 2012 2013 2014 2015 2016 2017 2018 ■Tier 2 Solvency Ratio (%) Banking system balance sheet (% GDP), Q4-2018 Core Tier 1 (%) Additional Tier 1 Systemic Banks CET1 capital ratio, % EU average 14,7% 23,4 300 Other assets 250 Investments Interbank deposits Corporate 25 20 20 200 deposits 15 150 Loans 100 Household 10 18,5 deposits 14,9 50 5 Cash 0 Equity 0 Source: EBA, Central Bank of Cyprus, systemic banks publications. Bank of Cyprus Hellenic Bank Russian Commercial Bank Data as at Q1-2019 for BoC, HB and EU average; 2018 for RCB 21
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