Deleveraging and Financial Overview
2014 overview: BOC Group
Improved liquidity position
Total customer flows per quarter (€ mn)
-2.227
65
-11
-446
-411
FY2014: €93 mn
-546
net customer inflows
Reduced Eurosystem funding
450
355
■ELA funding (€ bn) ECB funding (€ bn)
11,40
11,11 11,16
10,96 10,91
10,18
1,30
1,40 1,40
1,40
8,60
8,28
7,70
11,40 11,11
0,92
0,88
9,86
9,56 9,51
0,80
8,78
7,68 7,40 6,90
2Q2013 3Q2013 4Q2013 1Q2014 2Q2014 3Q2014 4Q2014 1Q2015
qtd
Apr-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015
•
Customer inflows* in Cyprus for FY2014; Customer inflows have continued into the first quarter of
2015 despite the release of decree deposits and the full abolition of internal controls
•
First quarterly increase in deposits in Cyprus during 4Q2014
•
ELA funding reduced by €4,5 bn since peak in April 2013 and at the same time managing to absorb
a significant reduction in customer deposits
Stabilising deposit base; Reduced Eurosystem funding
© Customer flows are defined as the difference between changes in stock of customer deposits and
changes in stock of gross customer loans.
Bank of Cyprus
KOINO
ΚΥΠΡΙ
2235
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