Group Financial Results H1 2016
Strong Momentum in Loan Restructurings continues
€2,76 bn of Restructurings in 1H2016
Corporate
SMEs
Retail
Total restructurings
--Average restructurings
Total
restructurings of €2,76 bn 1H2016
1,50
1,35
0,95
1,26
0,73
0,82
0,56
0,32
0,29
0,33
0,34
0,35
0,24
0,15
0,19
0,19
0,74
0,78
0,33
0,19
0,07
0,09
0,11
1Q2015
2Q2015
3Q2015
4Q2015
1Q2016
2Q2016
0,69
0,44
0,38
0,20
0,17
0,07
4Q2014
79% of Restructured loans demonstrate no arrears 1
88%85%
79%
75% 80%
----74% 227.3%
59%
65%
No arrears
1Q2014
■2Q2015
■2Q2014
■3Q2015
■3Q2014
■4Q2015
4Q2014
1Q2016
1Q2015
14% 3%
8% 7%
9% 7%
4%
1-30 dpd
7% 10%
Average
9%
1% 2% 8%
•
Total restructurings of €1,26 bn for
2Q2016; Restructuring of corporate loans
accounted for 59% of total 2Q2016
restructurings
At 30 June, 79% of loans restructured post
31 December 2013 for Cyprus operations
have no arrears
31%
24%
16%
93% 9% 6%
2% 4% 5% 4% 4%
8% 5% 4% 3%
Over 90 dpd
31-90 dpd
(1) The performance of loans restructured during 2Q2016 is not presented in this graph as it is too early to assess it.
Bank of Cyprus
7
KOINO
KYMPIView entire presentation