Income Statement and Eurosystem Funding Review
1Q2015 Group Financial Results - Key Highlights
Customer inflows continued during 2015;
Loans to Deposits ratio improved to 138% from 141% at 31 December 2014
Emergency Liquidity Assistance (ELA) reduced to a current level of €6,4 bn from €11,4 bn at 30
April 2013; further reductions once market conditions normalise
Appropriately capitalised with Common Equity Tier 1 capital (CET1) ratio at 13,9%
Profit after tax from continuing operations €57 mn and Profit after tax €29 mn
Further progress on loan quality stabilisation; 90+ DPD stabilised below €13 bn and provision
coverage improved to 42%; Adoption of foreclosure/insolvency framework are significant
steps in enabling the Bank to tackle its delinquent loans
Appropriately capitalised, with stabilising deposit base and asset quality and improving
core profitability
Bank of Cyprus
KOINO
ΚΥΠΡΙ
2235
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