Bank of Cyprus Nine-Month Profit Attributable to Shareholders Rises 9% Year-on-Year to €383.49 Million
Bitget2026/11/05 06:35- Bank of Cyprus’ nine-month underlying profit after tax attributable to shareholders rose 9% year over year to €383 million.
- Underlying net interest income increased year over year to €565 million, supported by lending growth, low deposit costs and hedging.
- Loan credit losses swung to a €12 million net credit from a year-earlier charge, due to specific customer reversals.
- Since year-end, performing loans climbed 7% to €11.6 billion, while deposits grew 6% to €23.5 billion at September 30.
- October’s completed CDB portfolio acquisition added approximately €130 million in performing loans and €440 million in deposits.
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