Investor Presentaiton
Non interest income at €55 mn
(€ mn)
23%
Net fee & Commission % of Total Income
25%
26%
23%
26%
72
72
11
14
60
60
6
55
10
10
10
5
2
16
12
11
18
13
39
36
38
33
35
48
55
149
51
148
3Q2020
3Q2019
4Q2019
1Q2020
(1)―
2Q2020
Net FX and other income
REMU 2
1
Insurance income net of insurance claims
Net fee & commission
1)
2)
Net FX gains/(losses & Net gains/(losses) on financial instruments, and other income
Gains/(losses) from revaluation and disposal of investment properties and on disposal of stock of properties
Bank of Cyprus Holdings
Group Financial Results for the nine months ended 30 September 2020
•
•
Net fee and commission income increased to €35 mn as transactional
volumes gradually recover post lockdown
Net insurance income decreased to €13 mn in 3Q2020, impacted by lower
claims in 2Q2020 due to the lockdown and lower management fee income
from unit-linked funds reflecting the performance of the market
REMU gains at €2 mn as sales gradually increasing post lockdown;
REMU sales remain volatile
•
Net FX and other income¹ reduced to €5 mn in 3Q2020 impacted by €6
mn revaluation loss on financial instruments
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