Investor Presentaiton
Group Financial Results for quarter ended 31 March 2021
Strong performance of moratorium portfolio
Performing loans¹ under expired payment deferrals of €5.08 bn
€ bn
95% of performing loans¹ under expired payment deferrals² with no arrears
Performing loans¹with
5.08
instalments due
by 14 May 2021
4.18
Performing loans¹ with
0.55
instalments due
after 14 May 2021
0.31
0.90
>
0.04
31 Mar 2021
15 May -30
Jun 2021
2H2021
Post 2021
Cautiously optimistic based on customer behaviour by 14 May 2021
82% of performing loans¹ under payment deferrals that expired on 31 Dec
2020, had instalments due by 14 May 2021:
•
95% (€3.97 bn) present no arrears, of which €0.26 bn have been
restructured
• 5% (€0.21 bn) in arrears
1)
As at 31 March 2021
2)
With instalment due by 14 May 2021
Bank of Cyprus Holdings
5%
6%
95% no arrears
€4.18
bn
89%
• Restructurings:
Resumed payments as per original schedule
Restructured
In arrears
•
Strong track record in dealing with restructurings
Targeted restructuring solutions to alleviate pandemic-
•
•
related short-term cash flow burden, following rigorous
assessment of repayment ability
Mostly in the tourism sector
Arrears:
•
In close contact with customers with early arrears to offer
solutions as necessary
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