Bank of Cyprus Public Company Limited Announces Executive Changes
Dec 6 13
The Bank of Cyprus Group announces the following changes in the Group's organization structure in order to simplify the structure and to organize the group along functional, domestic, international and restructuring lines. For Group Functions: Christakis Patsalides, Michalis Athanasiou, Aristos Stylianou and Marina Markidou are appointed as Finance Director, Chief Risk Officer, Chief Operating Officer and Human Resources Director respectively. For Cyprus Operations: Charis Pouangare, Costas Argyrides, Nicholas Sparsis (Acting), Louis Pochanis, Artemis Pantelidou and Stelios Christodoulou are appointed as Director of Consumer Banking and SME, Director of Wealth, Asset Management and Brokerage, Director of Corporate Banking, Director of International Business Services, Insurance EuroLife - General Manager and General Insurance - General Manager respectively. Miltos Michaelas is appointed as Director of International Operations and Euan Hamilton (Consultant) as Head of Restructuring and Recoveries.
Bank of Cyprus Public Company Limited Announces Appointment of John Patrick Hourican as Director and Member of Nominations and Corporate Governance Committees
Nov 27 13
The Board of Directors of Bank of Cyprus Public Company Ltd. which convened on 26 November 2013 decided to appoint Mr. John Patrick Hourican, Chief Executive Officer of the group, on the Board of Directors of the Bank. Additionally, the board of Directors decided to appoint Mr. Adonis Paconstantinou as member of the committee for Nominations and Corporate Governance.
Bank of Cyprus Public Company Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended 30 June 2013
Nov 26 13
Bank of Cyprus Public Company Limited announced unaudited consolidated earnings results for the six months ended 30 June 2013. For the period, the company reported turnover of €1,192,337,000 against €970,414,000 a year ago. Net interest income was €430,189,000 compared to €387,488,000 a year ago. Total income was €500,000,000 compared to €502,000,000 a year ago. Loss before tax was €356,715,000 compared to profit before tax of €2,683,000 a year ago. Loss after tax from continuing operations was €354,344,000 compared to €9,044,000 a year ago. Loss for the period was €1,809,948,000 against €137,605,000 a year ago. Loss attributable to owners of the company from continuing operations was €349,002,000 against €5,235,000 a year ago. Total loss attributable to the owners of the company was €1,804,606,000 against €133,796,000 a year ago. Basic and diluted losses per share from continuing operations were 14.5 cents against 36.3 cents a year ago. Basic and diluted losses per share were 74.9 cents against 927.0 cents a year ago. Net cash flow used in operating activities was €2,835,286,000 against net cash flow from operating activities of €1,510,781,000 a year ago. Purchases of property and equipment were €31,045,000 against €17,459,000 a year ago. Purchases of intangible assets were €4,320,000 against €3,963,000 a year ago. Interest income was €851,589,000 compared to €748,408,000 a year ago.
Bank of Cyprus Public Company Limited, Board Meeting, Oct 29, 2013
Nov 4 13
Bank of Cyprus Public Company Limited, Board Meeting, Oct 29, 2013. Agenda: To appoint Mr. Marinos Gialeli as member of the Audit Committee.