Financial Analysis and Currency Deposits
Net performing 4 book up 4% to €9.7 bn
Strong new lending of €1.2 bn in 1H2022 up 30% yoy
New lending of €537 mn in 2Q2022 back to pre-pandemic levels
€ mn
Net loans € bn
+30%
+4%
1,159
1,111
622
152
9.38
9.72
194
548
894
8.94
9.00
104
537
0.63
0.73
63
48
156
407
496
3.70
3.80
31
498
258
395
238
199
162
119
1.04
1.03
64
55
126
105
42
47
273
99
124
128
145
180
226
3.14
3.26
47
48
68
51
113
105
119
0.87
-0.90.
2Q2019 2Q2021 1Q2022 2Q2022
1H2019
1H2021
1H2022
Dec-19
Dec 20
Dec 213 Jun 223
1)
7237
Shipping & International Corporate
1
SME
Retail Housing
Retail other
41%
Leading
Market share
in loans
Includes syndicated loans
Facilities/limits approved in the reporting period
Pro forma HFS
Non-legacy loan book which includes Corporate, Large and International corporate, International business unit, Wealth and Markets, SME and Retail
•
Increase in 1H2022 new lending driven by higher lending activity across all
sectors
Meticulous assessment of repayment capability and strict origination standards
.
Increase in net performing book is spread across most sectors
•
Strong track record in dealing with restructurings; Just 11% of net performing
loan book is restructured
• 99% of new exposures² in Cyprus since 2018 are performing
11View entire presentation