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The Bank of Cyprus Public Company Ltd was founded in 1899 and is the holding company of the Bank of Cyprus Group. The Bank is the leading financial services organisation in Cyprus, with a dynamic presence in Greece and operations in the United Kingdom and Australia.
The Group offers a wide range of financial products and services, which include banking services in Cyprus, Greece, United Kingdom, Australia and Channel Islands, finance, leasing, factoring, brokerage, fund management, general and life insurance services in Cyprus and Greece, and investment banking services in Cyprus. The Channel Islands are a group of islands off the coast of Normandy, France, in the English Channel. ...
As of June 30, 2006, the Bank's market share in total banking system deposits and loans in Cyprus, including credit cooperatives, amounted to 29,5% and 25,9%, respectively. The Bank operates 147 branches in Cyprus.
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International presence
The Bank has been operating in Greece since 1991. The dynamic expansion of the Bank's Greek operations started in 1999. The Bank operates 115 branches in Greece. As of April 30, 2006, the market share of the Bank in deposits and loans in Greece amounted to 3,57% and 3.89% respectively. Kyprou Leasing, a subsidiary of the Bank, which operates in Greece held the second largest market share in the Greek leasing sector.
The Bank is well established in the United Kingdom, where it operates six branches, to serve the sizeable Cypriot and Greek communities. The Group's international activities were further enhanced in 2000 with the operation of a wholly owned subsidiary bank in Australia, which operates ten branches.
The Bank has representative offices in the United States of America, Canada, South Africa, Russia and Romania, and employs 6.100 staff worldwide.
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Economic data As of December 31, 2005, the Group's Total Assets reached C£13,22bn (€23,00bn) and the Group's Shareholders' Funds were C£818mn (€1,42bn).
The shares of the Bank are listed on the Cyprus Stock Exchange (CSE) and the Athens Stock Exchange. The Bank is the largest listed company on the CSE in terms of market capitalisation and has a well-diversified shareholder base. The Cyprus Stock Exchange or CSE (Greek: ΧÏηματιστήÏιο Αξιών ΚÏÏ€Ïου or ΧΑΚ) is a stock exchange located in Nicosia, Cyprus. ...
The Athens Stock Exchange or ASE (Greek: ΧÏηματιστήÏιο Αξιών Αθηνών or ΧΑΑ) is a stock exchange located in Athens, Greece. ...
The Group currently operates through a total of 279 branches, of which 147 operate in Cyprus, 115 in Greece, six in the United Kingdom, ten in Australia and one in the Channel Islands.
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External links Bank of Cyprus Official website. |
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