How Bank of Cyprus came back from its bail-in to listing in London
In January 2017, Bank of Cyprus Holdings was listed on the London Stock
Exchange. Itís the latest milestone on its path back to strength, since the
Cypriot financial crisis and a Ä10bn bailout in 2013.
In those four years the bank has made stunning progress in restructuring
its risk, improving capital adequacy, and establishing high corporate
Compliance director Marios Skandalis explains that journey, and how the
bankís compliance and corporate governance standards have kept the bank
on track. Watch the second half of our interview with Marios, where he
discusses the... [
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The 4th quarter results for 2017 will make interesting reading. They have already lost over 500 million Euros in the first three quarters of 2017.
I would not be surprised to see them begging for a cash injection to stay in business, during 2018.
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