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Investor Presentaiton

Asset quality- NPE analysis Group Financial Results for the six months ended 30 June 2020 (€ mn) Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 A. Gross Loans after Residual Fair value adjustment on initial recognition 12,243 12,457 12,551 12,757 12,782 15,437 15,438 Residual Fair value adjustment on initial recognition 248 252 271 278 290 445 462 B. Gross Loans 12,491 12,709 12,822 13,035 13,072 15,882 15,900 B1. Loans with no arrears 8,954 8,706 8,820 8,794 8,565 8,402 8,260 B2. Loans with arrears but not NPES 69 265 122 156 195 207 221 1-30 DPD 54 209 88 119 150 138 166 31-90 DPD 15 56 34 37 45 69 55 B3. NPES With no arrears Up to 30 DPD 31-90 DPD 91-180 DPD 3,468 3,738 3,880 4,085 4,312 7,273 7,419 603 601 722 802 949 1,356 1,482 28 52 54 69 89 108 136 39 72 76 86 125 183 231 48 79 121 159 149 240 178 181-365 DPD 178 255 263 251 225 316 393 Over 1 year DPD 2,572 2,679 2,644 2,718 2,775 5,070 4,999 NPE ratio (NPEs / Gross Loans) 28% 29% 30% 31% 33% 46% 47% Allowance for expected loan credit losses (including residual fair value adjustment on initial recognition ¹) Gross loans coverage 2,043 2,109 2,096 2,086 2,145 3,846 3,852 NPES coverage 16% 59% 17% 16% 16% 16% 24% 24% 56% 54% 51% 50% 53% 52% (1) Comprise (i) loan credit losses for impairment of customer loans and advances, (ii) the residual fair value adjustment on initial recognition of loans acquired from Laiki Bank and on loans classified at FVPL, and (iii) loan credit losses on off-balance sheet exposures disclosed on the balance sheet within other liabilities Bank of Cyprus Holdings 56
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