Income Statement and Eurosystem Funding Review
Overseas Operations - Romania & Greece
Romanian Gross loans (€ mn)
Total exposure in Greece
€ mn
31.12.14
31.3.151
657
637
Net Exposure from on balance
97
76
631
sheet financial assets
533
518
520
Exposure from off balance
185
154
sheet financial assets
Foreclosed properties (book
179
200
31.12.13
31.03.14
30.06.14
30.09.14
31.12.14
31.03.15
value)
The Bank has decided to gradually run down
the Romanian operations (over a period of 3
years from 2015-2017) and to proceed with
piecemeal sales of selected loans
The overall net exposure in Romania is €439
mn (compared to €520 mn at 31 December
2014).
1 In addition to the above, in the normal course of business in Cyprus, the Bank has lending exposures to Greek entities
amounting to €89 mn as at 31 March 2015.
Bank of Cyprus
51
KOINO
WKYNРIW
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