Investor Presentaiton
Group Financial Results for the year ended 31 December 2020
New lending¹ continued to grow in 4Q2020, driven by corporate and retail housing
New lending 1 of €374 mn in 4Q2020, up 30% qoq
€ mn
Monthly new lending data show improving trend
€ mn
2,045
-34%
356
+30%
443
60
374
1,351
7-
71
912
288
203
9
206
174
lockdown
596
117
211
33
144
42
24
366
363
117
96
98
122
123
62
200
177
42
40
43
FY2019
FY2020
4Q2019
3Q2020
4Q2020
I....
lockdown
179
118
126 130
98
103
95
90
78
Jan
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan
Shipping & International
SMEs
Retail other
2021
Corporate
Retail-housing
42%
Market share in
loans³ up
1 p.p. yoy
99%
of new
exposures²
since 2016 were
performing at
the start of
moratorium
New disbursements in the reporting period including the average YTD change (if positive) for overdraft facilities
Facilities/limits approved in the reporting period
1)
2)
3)
As 31 December 2020
Bank of Cyprus Holdings
•
Corporate up 48% qoq, as economic activity continued to improve
•
.
•
Demand for business loans expected to increase in line with economic
recovery
Retail housing up 20% qoq, above pre-COVID 19 levels, supported by
government interest rate subsidy scheme; pipeline of €130 mn as at mid-
February 2021
High quality origination via prudent underwriting standards
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