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Bank of Cyprus posts €21 mln first-quarter profit
May 23, 2022
The Bank of Cyprus on Thursday announced that it recorded a profit after tax of €21 million during the first quarter of 2022, €13 million higher than the corresponding period of 2021.
Moreover, it also recorded a profit after tax and before non-recurring items of €27 million, reflecting a 65 per cent year-on-year increase.
The bank’s total income during this time also rose by 7 per cent year-on-year to reach €146 million.