- CEO
- Panicos Nicolaou
- Full Time Employees
- 2,840
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 51 Stassinos Street Nicosia NI Cyprus 1599
- IPO Date
- Mar 29, 2017
- Business
- Bank of Cyprus Holdings Public Limited Company, through its subsidiaries, provides retail and commercial banking, investment banking, brokerage, fund management, insurance, and other financial services primarily in Cyprus, Greece, the United Kingdom, and select international markets including the United States, Germany, Romania, and others. Founded in 1899 and headquartered in Strovolos, Cyprus, the company operates 58 branches across the Republic of Cyprus and maintains a leading market position with significant shares in deposits and loans; its core offerings include current, demand, savings, sight, quick, and fixed deposits; housing, student, vehicle, mortgage, consumer, business, and business premises loans; trade finance, escrow, project finance, and hire purchase services for cars and equipment; debit, credit, prepaid, and specialty cards with Visa and Mastercard functionality including travel insurance and online payments; digital banking solutions such as QuickPay, Apple Pay, Google Pay, MoneyFit personal finance tools, and QuickHub digital hubs; payroll deposit programs; shared account payment features; reward programs; leasing activities; factoring; and property management and disposal services. Recent developments include delisting from the London Stock Exchange and relisting on the Athens Stock Exchange to enhance investor access and support long-term growth strategy; targeting 4% loan growth and up to 70% dividend payouts in 2025 amid strong 2024 financial performance with revenue of EUR 1.06 billion and earnings of EUR 508 million; closing representative offices in Russia in January 2024 to refine geographic focus; advancing ESG initiatives such as joining the Partnership for Carbon Accounting Financials, committing to carbon neutrality by 2030, conducting climate stress tests, and strengthening board-level women representation; and modernizing its branch model with new store concepts and enhanced digital offerings like the Joey app for youth banking.