Blog
Bank of Cyprus posts €30 million annual profit
February 22, 2022
The Bank of Cyprus posted an after-tax profit of €30 million and a profit after tax and before non-recurring items of €91 million in its financial results released on Monday.
“2021 saw a strong recovery in the Cypriot economy after a period of pandemic-related disruption, providing an improved backdrop against which the Bank performed well,” Group CEO Panicos Nicolaou said.