Restructuring Plan and Exit from Resolution
4 Funding and Liquidity Conditions
Actions to Improve Liquidity
Ways to improve
liquidity and launch
new products
• Embark on
roadshow to raise
the Group's profile
Actions to improve liquidity including:
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Issuance of government guaranteed bonds
Deleveraging and asset disposals
Launch new deposit and other product campaigns across
business lines
Bank of Cyprus
KOING
ΚΥΠΡΙ
Stepping up efforts to reduce ELA that stigmatizes the Bank
Restoration of status of ECB eligible counterparty, provides
access to ECB funding leading to reduced ELA funding
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ECB funding under improved terms, given that the rate for
main refinancing operations stands at 0,5%.
• To embark on marketing roadshow following recapitalisation and
exit from resolution
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Strengthen market access
Reduce collateral requirements pertaining to derivatives,
which currently consume considerable liquidity
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