Investor Presentaiton
Eurosystem Funding Reliance Reducing Fast
Continuous reduction of ELA with further potential going forward
Actions for further ELA reduction
34%
.32%
31% 31%
31%
11,40
28% 28%
11,11 11,16
10,96 10,91
26%
11,40
10,18
11,11 1,30 1,40 1,40
23%
1,40
9,86
8,60
9,56 9,51
8,28
•
20%
Issue senior unsecured debt subject to market
conditions
Repos with Counterparties using CyGBs as
collateral (currently pledged with the CBC)
Interbank funding from local banks
8,78 0,92
7,70
0,88
18%
•
0,80
Proceeds from deleveraging
7,68
7,40
6,40
6,90
0,50 5,40
5,15
5,90 0,50
0,85
4,90
4,30
€7,1 bn reduction of ELA since peak
•
Securitisation/new covered bond
Working closely with the CBC so as to enable
the use of a pool of retail loans within the ECB's
Additional Credit Claims framework
Continuous efforts to attract customer deposits
Apr Jun Sep Dec Mar Jun Sep Dec
2013 2013 2013 2013 2014 2014 2014 2014
Mar Jun
2015 2015
Sep
2015
23 Nov
2015
•
ELA (€ bn)
ECB funding (bn)
ELA % Total Assets
In light of challenging market conditions the Bank is maintaining a significant liquidity buffer.
* Ratio of ELA Funding % Total Assets for 23 November 2015 is based on total assets as at 30 September 2015
Bank of Cyprus
17
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ΚΥΠΡΙ
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