Investor Presentaiton
>€12 bn or 83% NPE reduction since peak
NPES (€ bn)
15.0
Allowance for
Expected Loan
Credit Losses
Net NPES
9.9
(3.8)
(8.6)
2.6
1.53
-€12.4 bn
31 Dec 14
NPE trades
Organic
30 Jun 2020
pro forma for Helix 21
Gross NPE ratio reduced to 22%; 11% on a net basis pro forma for Helix 21
63%
62%
.55%
47%
47%
-41 p.p.
53%
50%
30%
29%
28%
42%
22%
32%
30%
17%
15%
14%
Dec 14
Dec 15
Dec 16
Dec 17
Dec 18
Dec 19
Mar 20
Jun 20
Gross NPE ratio
Net NPE ratio
(1) Calculations on a pro forma basis assume completion of the transaction
Bank of Cyprus Holdings
Group Financial Results for the six months ended 30 June 2020
•
€12.4 bn or 83% NPE reduction since peak
✓ c. €3.8 bn through trades
✓ c.€8.6 bn organic
11%
Jun 20
pro forma₁
for Helix 2
NPE ratio reduced to 22% pro forma for Helix 21
(11% on a net basis)
Helix 2 reduced NPE ratio by 6 p.p.
41 p.p. reduction since peak
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