Bank of Cyprus

Bank of Cyprus (Greek: Τράπεζα Κύπρου) is a major Cypriot financial institution. In terms of market capitalisation, of 1.18 Billion Euro on 11 February 2016, it is the country's biggest bank. As at September 2015, the bank held a 26.5% share of the Cypriot deposit market (Euro 12.1 Billion) and a 39.3% share of the Cypriot loan market (Euro 20.9 Billion), making it the largest bank in Cyprus. The Bank of Cyprus Group employs 4,610 staff worldwide and 4,341 in Cyprus.

Current Operations

The Group currently operates through a total of 135 branches/business offices, of which 129 operate in Cyprus, four in the United Kingdom, (Euro 1.1 Billion in loans) one in the Channel Islands, one in Romania (Euro 440 million loans). The group has representative offices in Greece, Russia,Ukraine and China.

The shares of the bank are listed on the Cyprus Stock Exchange (CSE). The Bank is the largest listed company on the CSE in terms of market capitalization. Since October 8, 2007 the Bank of Cyprus has been part of the Cyprus 10 Index, which comprises the 10 largest companies in Cyprus. The Bank of Cyprus is also listed on the Athens Exchange and had been part of the FTSE/Athex Large Cap index from 9 October 2006 until March 2013. The four largest shareholders as at December 2014 are Cyprus Popular Bank Public Co Ltd, with a holding of 9.624%, Renova Group, with a holding of 8%, TD Asset Management, with a holding of 5.232% and the European Bank for Reconstruction and Development, with a holding of 5.021%. All except the Cyprus Popular Bank have a seat on the board of directors.

Cyprus

Cyprus (ⁱ/ˈsaɪprəs/; Greek: Κύπρος [ˈcipros]; Turkish: Kıbrıs [ˈkɯbɾɯs]), officially the Republic of Cyprus (Greek: Κυπριακή Δημοκρατία; Turkish: Kıbrıs Cumhuriyeti), is an island country in the Eastern Mediterranean Sea, off the coasts of Syria and Turkey. Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. It is located south of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt and east of Greece.

The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains from this period include the well-preserved Neolithic village of Khirokitia, and Cyprus is home to some of the oldest water wells in the world. Cyprus was settled by Mycenaean Greeks in two waves in the 2nd millennium BC. As a strategic location in the Middle East, it was subsequently occupied by several major powers, including the empires of the Assyrians, Egyptians and Persians, from whom the island was seized in 333 BC by Alexander the Great. Subsequent rule by Ptolemaic Egypt, the Classical and Eastern Roman Empire, Arab caliphates for a short period, the French Lusignan dynasty and the Venetians, was followed by over three centuries of Ottoman rule between 1571 and 1878 (de jure until 1914).

Cyprus (disambiguation)

Cyprus may refer to:

Locations

Ships

Animals

See also

Cyprus (theme)

The Theme of Cyprus (Greek: θέμα Κύπρου, thema Kyprou) was a Byzantine military-civilian province, located in the island of Cyprus, established in the 960s after the reconquest of Cyprus by the Byzantine navy. Prior to this the island had been a Byzantine-Arab condominium for three centuries, except occasional short periods where it was occupied by either power. A rebellion by governor Theophilos Erotikos in 1042, and another in 1092 by Rhapsomates, failed as they were quickly subdued by imperial forces. At the end of the 12th century there were again separatist tendencies in Cyprus: Isaac Komnenos of Cyprus proclaimed himself as "basileus" (emperor) in 1185. Cyprus remained under his command until its conquest from Richard I of England in 1191.

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