Investor Presentaiton
Group Financial Results for the year ended 31 December 2020
31.12.18
31.12.19
30.09.20 31.12.20
Helix 2
Cyprus
15,070
12,678
11,704
11,476
Russia
24
8
Risk Weighted Assets- Regulatory Capital
Risk Weighted Assets by Geography (€ mn)
Reconciliation of Group Equity to CET1
€ mn
Group Equity per financial statements
Less: Intangibles²
Less: Deconsolidation of insurance and other entities
31.12.20
pro forma³
31.12.20
2,075
(255)
11,221
(27)
(190)
United Kingdom
84
48
48
23
23
23
Add: Regulatory adjustments (IFRS 9 and other items)
116
Less: Revaluation reserves and other unrealised items
(251)
Romania
38
29
22
26
26
CET 11
1,723
Greece
144
121
108
105
105
Risk Weighted Assets
11,635
Other
13
6
6
5
5
CET1 ratio 1
14.8%
RWAs
15,373
12,890
11,888
11,635
(255)
11,380
CET1 ratio pro forma for Helix 23
15.2%
RWA intensity
70%
61%
55%
54%
53%
Equity and Regulatory Capital (€ mn)
Risk Weighted Assets by type of risk (€ mn)
31.12.19
30.09.20
31.12.20
31.12.18
31.12.19 30.09..20
31.12.20
Helix 2
Credit risk
13,833
11,547
10,545
10,503
(255)
31.12.20
pro form a ³
10,248
Total equity excl. non-controlling interests
2.260
2,106
2,051
CET1 capital
1,909
1,735
1,723
Market risk
2
Tier I capital
2,129
1,955
1,943
Operational risk
1,538 1,343
Total
15,373
12,890
1,343
11,888
1,132
11,635
1,132
Tier II capital
190
195
193
(255)
11,380
Total regulatory capital (Tier I + Tier II)
2,319
2,150
2,136
1)
Allowing for IFRS 9 and temporary treatment for certain FVOCI instruments
2)
As per amendments introduced with Regulation 2020/873
3)
Calculations on a pro forma basis assume legal completion of both Helix 2 Portfolio A and Helix 2 Portfolio B
Bank of Cyprus Holdings
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