Market Leader with Potential for Further Penetration
Group contribution
-
International Banking at a Glance – the Preferred Choice
Key Facts
Key Highlights
96%
of International Companies opened in 2022 are
registered in Cyprus/European Economic Area and
3rd equivalent countries
•
>30%
BOC
DOO
Fees and Commissions contribution to the Group
c.€0.8 bn Diversified international loans
>90%
of Group deposits are from EU (country of residence)
•
#1 choice for International customers in Cyprus
International Banking consists of:
22%
Deposits
8%
Loans
International Banking Services: Financial partner of
companies that select Cyprus as their business hub; capital
light business facilitating their day to day operations
Main market segments: Greece, Israel, and international
technology companies relocated in Cyprus.
International Corporate Lending: Building a diversified arm
offering international lending in Greece and UK, Shipping
Finance to Greece/ Cyprus market and International
Syndicated participation loans
No reliance on Russia and Belarus; c.1% of Group deposits
Group Deposits by country of residence
1%
5% 2%
5%
87%
Cyprus
Other EU
Other countries
Other European countries, excl. Russia
Russia/Belarus
As at 31 March 2023
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